Company:PTC Industries Limited
| Type | Public |
|---|---|
| BSE: 539006 NSE: PTCIL | |
| Industry | Aerospace, Manufacturing |
| Founded | 1963 |
| Founder | Satish Agarwal |
| Headquarters | Lucknow, Uttar Pradesh, India |
Area served | Worldwide |
Key people | Sachin Agarwal (Chairman and Managing Director) |
| Products | Titanium and superalloy materials, precision castings, engineered components |
| Subsidiaries | Aerolloy Technologies Limited |
| Website | www |
PTC Industries Limited is an Indian manufacturing company founded in 1963 and headquartered in Lucknow, Uttar Pradesh. Apart from manufacturing cast components in stainless steel and higher alloys like duplex and super-duplex, it produces titanium and superalloy materials and castings for applications in aerospace, defence and industrial sectors.[1]
History
Founding and early development
PTC Industries was incorporated in 1963 as Precision Tools and Castings. The company started production as an investment casting foundry producing metal parts for industrial applications.[2]
Technology development
In 1998, the company licensed the Replicast process from Castings Technology International (CTI), a United Kingdom-based research organisation.[2]
Later, PTC Industries developed RapidCAST, a casting process for large and complex components, and expanded into ceramic moulding for single-piece castings. During this period, PTC's industrial customers included Rolls-Royce, Metso, Siemens and Flowserve.
In 2014, Forbes India included the company in its list of "Hidden Gems", a group of fast-growing Indian companies.[2]
Expansion into aerospace manufacturing
In 2017, PTC Industries established a titanium casting facility at its Advanced Manufacturing Technology Centre in Lucknow, with technical collaboration from CTI.[3]
The company manufactures titanium and superalloy materials and precision components for aerospace applications.[4]
Strategic Materials Technology Complex
In May 2025, India's Defence Minister Rajnath Singh inaugurated the titanium and superalloy materials plant at the Strategic Materials Technology Complex (SMTC) in the Lucknow node of the Uttar Pradesh Defence Industrial Corridor. The facility spans approximately 50 acres and produces titanium and superalloy materials.[5]
Advanced metallurgical technologies including Vacuum Arc Remelting (VAR), Plasma Arc Melting (PAM), Electron Beam (EB) melting, and Vacuum Induction Melting (VIM) are being commissioned at this plant.[5]
In 2026, TIME and Statista included PTC Industries among India's fastest-growing companies.[6]
Operations and customers
The company supplies its products to international customers including Safran, Dassault Aviation, BAE Systems, and Israel Aerospace Industries.[1]
Subsidiary
Aerolloy Technologies Limited is a wholly owned subsidiary of PTC Industries that manufactures titanium and superalloy materials and components.[1]
In 2024, PTC Industries acquired UK-based Trac Precision Solutions, a manufacturer of aerospace components.[1]
See also
- Uttar Pradesh Defence Industrial Corridor
- Make in India
- Titanium alloy
- Investment casting
References
- ↑ 1.0 1.1 1.2 1.3 "Indian firm sets up titanium, superalloy plants to meet global need; Safran, Dassault, BAE line up". ThePrint. 2025. https://theprint.in/defence/indian-firm-sets-up-titanium-superalloy-plants-to-meet-global-need-safran-dassault-bae-line-up/2699217/.
- ↑ 2.0 2.1 2.2 "PTC Industries: Casting magic with metal". Forbes India. 2014. https://www.forbesindia.com/article/hidden-gems/ptc-industries-casting-magic-with-metal/38258/1.
- ↑ "CTI Helps Launch India's First Titanium Foundry". Foundry Management & Technology. October 2017. https://www.foundrymag.com/melt-pour/article/21931658/cti-helps-launch-indias-first-titanium-foundry. Retrieved 11 April 2026.
- ↑ "Lucknow firm to make components for Rafale, BAE System, Safran". The Times of India. November 2021. https://timesofindia.indiatimes.com/city/lucknow/lucknow-firm-to-make-components-for-rafale-bae-system-safran/articleshow/87688790.cms.
- ↑ 5.0 5.1 "World's largest plant to produce aerospace-grade titanium, superalloy materials also inaugurated". The Times of India. May 2025. https://timesofindia.indiatimes.com/city/lucknow/worlds-largest-plant-to-produce-aerospace-grade-titanium-superalloy-materials-also-inaugurated/articleshow/121088146.cms.
- ↑ "PTC Industries among India's top 100 fastest-growing firms". The Times of India. 2026. https://timesofindia.indiatimes.com/city/lucknow/ptc-industries-among-indias-top-100-fastest-growing-firms/articleshow/128622166.cms.
External links
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