PTC Industries signed MoU to explore opportunities for strategic business cooperation, to leverage the complementary talents, technologies and capabilities of both Parties, to support the development of a robust domestic defence, civil aerospace ecosystem and supply chain in India, consistent with the goals of the Government of India’s ‘Make in India’ initiative.
As part of the MoU two organisations will manufactured and supply titanium and super alloy castings and components through its wholly owned subsidiary, Aerolloy Technologies for LEAP engines, civil aircraft engine applications and M88 engines for military aircraft engine applications.
The organisations will identify and develop opportunities for cooperation and partnership on various fronts to meet the anticipated requirements of the military and aerospace sectors.
