PTC Industries Joins Forces with Key Defence Entities to Establish Advanced Materials Testing Facility in Lucknow
PTC Industries Limited, a manufacturer of high-quality, high-precision metal components, has partnered with leading entities under the DTIS scheme in the Indian Defence and Aerospace sector. This partnership aims to advance the 'Make in India’ initiative and establish a Green Field Defence Testing Facility named 'Advanced Materials (Defence) Testing Foundation' in the Lucknow Node of the UP Defence Industrial Corridor. The facility, with a total project cost of approximately Rs. 53 crores, will create state-of-the-art testing capabilities for advanced materials within the country, ensuring superior quality and compliance with stringent defence standards for Titanium and Super Alloys. This partnership marks a significant milestone in enhancing testing capabilities and strengthening the defence manufacturing ecosystem in Uttar Pradesh and across India.
Key Highlights
- PTC Industries partners with leading defence entities under the DTIS scheme to establish an advanced materials testing facility.
- The facility, named 'Advanced Materials (Defence) Testing Foundation', will be set up in the Lucknow Node of the UP Defence Industrial Corridor.
- The project cost is approximately Rs. 53 crores, with 75% funded by the Government of India and 25% by SPV members.
- The facility will provide state-of-the-art testing capabilities for advanced materials like Titanium and Super Alloys.
- This partnership strengthens PTC Industries' manufacturing capabilities and the defence manufacturing ecosystem in Uttar Pradesh and across India.