Business Update27 Dec 2023, 10:19 pm
PTC Industries and Nasmyth Sign MoU for Vertically Integrated Supply Chain Solutions
AI Summary
PTC Industries Limited and Nasmyth (UK) have signed a Memorandum of Understanding (MoU) to collaborate on offering solutions to defence and aerospace customers in India and globally. The partnership will focus on developing casting, machining, assembly, and thermal precision engineering capabilities in India, and will help PTC expand its capabilities to better support Indian customer requirements and successfully execute projects.,
Key Highlights
- PTC Industries and Nasmyth sign MoU for vertically integrated supply chain solutions
- Collaboration to develop casting, machining, assembly, and thermal precision engineering capabilities in India
- Partnership to support 'Make in India' initiative and provide global solutions to OEMs
- Expansion of PTC's capabilities to support Indian customer requirements and execute projects successfully