Aerolloy Technologies is a manufacturer of strategic and critical materials and high integrity metal components, for various critical and super-critical applications in aerospace industry.
From 2024 onwards, Aerolloy will produce the full range of Titanium castings parts for the Rafale multirole fighter aircraft and the Falcon business jet program.
Sachin Agarwal, chairman and managing director of PTC Industries, stated, "Through this agreement, Aerolloy Technologies is poised to contribute significantly to the enduring success of Make in India – Make for the World. As the only India-based manufacturer of critical titanium cast parts, we are eager to leverage our capabilities to support the growing requirements of the various aircraft in Dassault Aviation’s portfolio."
PTC Industries is a leading manufacturer of metal components for critical and super critical applications. The Company’s shares are listed on the Bombay Stock Exchange (BSE) in India.
The company's consolidated net profit rose 6.5% to Rs 8.14 crore on 6.4% increase in net sales to Rs 57.51 crore in Q2 FY24 over Q2 FY23.