Aerolloy Technologies Limited (a wholly owned subsidiary of PTC Industries Limited, herein referred to as “ATL”), recently informed exchanges that the company bagged an order from Israel Aerospace Industries (IAI) to supply titanium cast components for aerospace applications. This is the first time IAI has sourced such cast components from India.
Commenting on the development, Mr. Sachin Agarwal, Chairman and Managing Director of PTC Industries, stated: “Aerolloy Technologies is proud to share that it has received its first order from Israel Aerospace Industries for supply of Titanium castings. This is yet another milestone for ATL and demonstrates the technological capabilities that the company has been building. This is a significant achievement for the company, and we will now be working with one of Israel’s leading organisations and a global leader. This new order has opened new opportunities for the company for exports to Israel in the defence and aerospace sectors.”