6 Dec 2022 , 12:37 PM
PTC Industries has taken up a developmental contract for critical components for DRDO – GTREs Combat Aircraft Engine development program. Considering the Government of Indias directives on Aatmanirbhar Bharat and prevailing geo-political situation, the Ministry of Defences initiative to design, develop and manufacture its own fighter aircraft platforms will result in a greater potential for indigenously developed engines to be used in these platforms. PTCs expertise is being developed in manufacturing critical components for Aero Engines /Aircraft made of Titanium Alloys using innovative Investment Casting – Hot Isostatic Pressing (IC – HIP) technology along with GTRE – DRDO. This will enhance the overall ecosystem of the countrys indigenous defence capabilities. One such critical component, the Engine Bevel Pinion Housing prototype has already been developed in a very short period in collaboration with GTRE and was displayed in the recently concluded DefExpo 2022 in Gandhinagar, Gujarat.Powered by Capital Market – Live News
Related Tags
Invest wise with Expert advice
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
IIFL Securities Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.