Fitch rates Bhartiya International loans A-(ind)

Fitch Ratings said it assigned Bhartiya International Ltd. a national long-term rating of A-(ind), along with an A-(ind)/F2+(ind) to its fund-based working capital bank limits of Rs.608.3 million and A-(ind)/F2+(ind) ratings to its non-fund-based bank limits of Rs.243.5 million.

The outlook is stable.

The ratings factor in the company's experience of two decades and its sound operational track record in the export of niche leather garments, Fitch said.

The ratings also take into account its integrated operations from leather tannery to designing, manufacturing and marketing, the agency said.

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