PTC Industries and HAL Sign MoU for Indigenization of Aviation Grade Raw Materials

PTC Industries Limited and Hindustan Aeronautics Limited (HAL) have signed a Memorandum of Understanding (MoU) for cooperation in indigenization of various aviation grade raw materials, components, spares, sub-assemblies, and LRUs of aircrafts and helicopters being built by HAL. The collaboration aims to support the 'Make in India' and 'Atmanirbhar Bharat' programs and promote indigenization of aerospace sector in India.,