PTC Industries: PTC Industries Ltd. said on Thursday, October 23, that it got a new order from the Gas Turbine Research Establishment (GTRE). GTRE is a part of the Defence Research and Development Organisation (DRDO). The company will do post-cast work to make single crystal “ready-to-fit” turbine blades.
This means PTC will do jobs like machining, grinding, brazing, vacuum heat treatment, thermal barrier coating, and powder vapour deposition. The company said this is the first time an Indian firm got such an order. The news came during the opening of PTC’s new titanium and superalloys plant at its Strategic Materials Technology Complex (SMTC) in Lucknow.
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Big Step for Indian Defence
Sachin Agarwal, the Chairman and Managing Director of PTC Industries, said this order is very important for the country. He said, “Single crystal turbine blades are among the most technically complex and strategically valuable components in modern jet engines.”
He also said, “This order from GTRE represents a moment of national significance and industrial pride. Single Crystal turbine blades are among the most technically complex and strategically valuable components in modern jet engines. By developing this capability in India, PTC is helping lay the foundation for the country’s aero-engine manufacturing ecosystem and strengthening our collective journey toward true technological sovereignty.”
This deal is a part of India’s goal to make more defence and aerospace products in the country under the Aatmanirbhar Bharat plan. It shows that Indian companies like PTC can now handle high-level defence work that was earlier done in other countries.
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Lucknow Plant
The new Lucknow plant will make and handle high-performance materials like titanium and superalloys. The plant was opened by Defence Minister Rajnath Singh and Chief Minister Yogi Adityanath.
PTC will use this plant and help from its UK-based company, Trac Precision Solutions, to finish the new order. PTC already makes important parts for HAL, DRDO, and BrahMos Aerospace. It also exports titanium and superalloy castings to foreign companies.
On the stock market, PTC shares were down 1.4% at ₹16,773 each around 12:40 pm on Thursday. The stock has gone up 10.2% in the last month and 25.8% this year.
