PTC Industries Limited is an Indian manufacturing company founded in 1963 and headquartered in Lucknow, Uttar Pradesh. Apart from manufacturing cast components in stainless steel and higher alloys like duplex and super-duplex, it produces titanium and superalloy materials and castings for applications in aerospace, defence and industrial sectors.[1]
Company type | Public |
|---|---|
| BSE: 539006 NSE: PTCIL | |
| Industry | Aerospace, Manufacturing |
| Founded | 1963 |
| Founder | Satish Agarwal |
| Headquarters | Lucknow, Uttar Pradesh, India |
Area served | Worldwide |
Key people | Sachin Agarwal (Chairman and Managing Director) |
| Products | Titanium and superalloy materials, precision castings, engineered components |
| Subsidiaries | Aerolloy Technologies Limited |
| Website | www |
History
editFounding and early development
editPTC Industries was incorporated in 1963 as Precision Tools and Castings. The company started production as an investment casting foundry producing metal parts for industrial applications.[2]
Technology development
editIn 1998, the company licensed the Replicast process from Castings Technology International (CTI), a United Kingdom-based research organisation.[2]
Later, PTC Industries developed RapidCAST, a casting process for large and complex components, and expanded into ceramic moulding for single-piece castings. During this period, PTC's industrial customers included Rolls-Royce, Metso, Siemens and Flowserve.
In 2014, Forbes India included the company in its list of "Hidden Gems", a group of fast-growing Indian companies.[2]
Expansion into aerospace manufacturing
editStrategic Materials Technology Complex
editIn May 2025, India's Defence Minister Rajnath Singh inaugurated the titanium and superalloy materials plant at the Strategic Materials Technology Complex (SMTC) in the Lucknow node of the Uttar Pradesh Defence Industrial Corridor. The facility spans approximately 50 acres and produces titanium and superalloy materials.[5]
Advanced metallurgical technologies including Vacuum Arc Remelting (VAR), Plasma Arc Melting (PAM), Electron Beam (EB) melting, and Vacuum Induction Melting (VIM) are being commissioned at this plant.[5]
In 2026, TIME and Statista included PTC Industries among India's fastest-growing companies.[6]
Operations and customers
editThe company supplies its products to international customers including Safran, Dassault Aviation, BAE Systems, and Israel Aerospace Industries.[1]
Subsidiary
editSee also
editReferences
edit- 1 2 3 4 "Indian firm sets up titanium, superalloy plants to meet global need; Safran, Dassault, BAE line up". ThePrint. 2025. Retrieved 11 April 2026.
- 1 2 3 "PTC Industries: Casting magic with metal". Forbes India. 2014. Retrieved 11 April 2026.
- ↑ "CTI Helps Launch India's First Titanium Foundry". Foundry Management & Technology. October 2017. Retrieved 11 April 2026.
- ↑ "Lucknow firm to make components for Rafale, BAE System, Safran". The Times of India. November 2021. Retrieved 11 April 2026.
- 1 2 "World's largest plant to produce aerospace-grade titanium, superalloy materials also inaugurated". The Times of India. May 2025. Retrieved 11 April 2026.
- ↑ "PTC Industries among India's top 100 fastest-growing firms". The Times of India. 2026. Retrieved 11 April 2026.