Archive · 25 Jun 2025
PTC Industries Partners for Military Engine Components
PTC Industries, a company that makes parts, has partnered with Safran Aircraft Engines, another company that makes engines for planes.
They will work together to build parts for military aircraft.
This partnership helps India make more of its own aircraft parts.
A subsidiary of PTC Industries, Aerolloy Technologies, and Safran are collaborating on manufacturing, marking a step toward enhancing India's abilities.
Many people own shares of PTC Industries, including mutual funds and individual investors.
PTC Industries' subsidiary signed an MoU with Safran Aircraft Engines.
The agreement involves collaboration on manufacturing components for military aircraft engines.
Aerolloy Technologies manufactures castings and materials for aerospace applications.
Safran Aircraft Engines designs, develops, and maintains civil and military engines.
Shares of PTC Industries closed little changed on Tuesday at ₹14,711.
- Who
- PTC Industries and Safran Aircraft Engines
- What
- PTC Industries' subsidiary signed an MoU with Safran to manufacture aircraft engine components.
- When
- June 25th
- Where
- India
- Why
- To enhance India's indigenous capabilities in military aircraft engine manufacturing and align with the 'Make in India' initiative.
- PTC Industries Closing Price (Tuesday)
- ₹14,711
- PTC Industries Stock Performance (1 month)
- -6%
- PTC Industries Stake - Domestic Mutual Funds
- 5.64%
- PTC Industries Stake - Small Retail Shareholders
- 9%
- MoU Partners
- Aerolloy Technologies and Safran Aircraft Engines
- Focus
- Military aircraft engine manufacturing
