PTC Industries’ ATL Develops Advanced Casting Technology, Expands Aerospace Capabilities

Aerolloy Technologies Limited (ATL), a subsidiary of PTC Industries Limited, developed an advanced casting technology for creating Single Crystal and directly solidified blades and vanes for aero-engines and industrial gas turbines. This new manufacturing capability is set up at their Lucknow facility.

With this achievement, Aerolloy Technologies Limited became the only company in India and one of the few worldwide to have this technology, which has been tightly controlled and previously inaccessible to developing countries. This development marks a significant milestone for the ATL’s mission to achieve parity.

This new capability and infrastructure will allow ATL to produce airfoils (blades and vanes) with complex internal hollow cooling passages and specialised microstructures like Single Crystal or Directionally Solidified. Industry leaders have closely guarded this highly specialised manufacturing technology in just 3 to 4 countries. With this strategic advancement, ATL is now among the few worldwide that can manufacture and deliver these advanced metallurgical components.

Mr James Collins, Chief Technology Officer of PTC Industries, commented on this development, “We are immensely proud to have integrated the pinnacle of casting technologies into our operations, marking a significant milestone for our company. The acquisition of Single Crystal and Directionally Solidified casting capabilities not only enhances our product offerings but also reinforces our commitment to innovation and excellence. By mastering this highly specialised manufacturing technology, we are poised to meet the growing demand of the defence and aerospace industry and secure a leading position in manufacturing technology.”

About PTC Industries Limited

PTC Industries Limited is an Indian manufacturer of precision metal components for critical applications for over 60 years, operates through its subsidiary Aerolloy Technologies Limited to produce and supply Titanium and Superalloy castings for Aerospace and Defence both in India and for export. The company is significantly expanding its aerospace casting capabilities with a multi-million-dollar investment in a new, state-of-the-art manufacturing facility on 50 acres of newly acquired land in the Lucknow node of the Uttar Pradesh Defence Industrial Corridor.

On July 01, 2024, the share price of PTC Industries Limited opened at ₹13,949.95, touching the day’s high of ₹14,598.90 as of 10:19 AM on NSE.

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