It is reported that TATA Group’s Tayo Rolls has entered into a license agreement with its Japanese promoter, Yodogawa Steel Works, for transfer of technology for manufacturing of steel rolls.

Under the agreement, Yodogawa would impart training to Tayo's engineers in India and Japan for faster absorption of the technology, the company.

Tayo release said that “The agreement would enable Tayo to be the first in India to manufacture Hi speed and semi high speed steel rolls, which have replaced high chrome iron and high chrome steel rolls respectively, for their performance and technical characteristics.”

Tayo is already executing its forged rolls and forging project with technical collaboration with Sheffield Forgemasters, which is likely to be commissioned in January 2009.