Aerolloy Technologies Commissions Large VAR Furnace, Joins Elite Global Titanium Casting Manufacturers
Aerolloy Technologies, a subsidiary of PTC Industries, has commissioned a Vacuum Arc Remelting (VAR) 400 Furnace at its Lucknow plant. This makes Aerolloy one of only two companies globally capable of producing large investment castings in both Titanium alloys and Superalloys. The new furnace enables manufacturing of large Titanium castings for aeroengine components, aircraft structures, submarine parts, and space platforms. This development positions Aerolloy to capture a significant share of the multi-billion dollar market for aerospace-grade Titanium and Superalloy castings. The VAR furnace, combined with a recently installed Vacuum Induction Melting furnace, creates an integrated supply chain from alloy production to large precision castings. This advancement aligns with India's self-reliance goals in aerospace materials and enhances the country's position in the global aerospace and defense manufacturing ecosystem.

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PTC Industries Limited's wholly owned subsidiary, Aerolloy Technologies Limited, has made a significant leap in manufacturing capabilities by successfully commissioning a Vacuum Arc Remelting (VAR) 400 Furnace at its Aerospace Precision Castings Plant in Lucknow. This development positions Aerolloy as one of only two companies worldwide capable of producing large investment castings in both Titanium alloys and Superalloys.
Strategic Importance
The newly commissioned VAR furnace enables Aerolloy to manufacture some of the largest Titanium castings globally. These castings are critical components for various high-tech applications, including:
- Aeroengine components (Fan Hub Frames, Intermediate Casings, and Turbine Rear Frames)
- Aircraft structures
- Submarine components
- Artillery systems (such as the M777 Ultra-Light Howitzer)
- Space platforms
Market Position and Opportunities
With this new capability, Aerolloy is poised to expand its role in the global aerospace supply chain. The company is now well-positioned to capture a significant share of the rapidly growing market for aerospace-grade Titanium and Superalloy castings, which is valued in billions of dollars annually.
Integrated Manufacturing Capabilities
The VAR furnace commissioning follows the recent installation of a Vacuum Induction Melting (VIM) furnace for Superalloy castings. This combination creates one of the most integrated supply chains globally, spanning from alloy production to large near-net-shape precision castings. Sachin Agarwal, Chairman and Managing Director of PTC Industries, emphasized the strategic importance of this development:
"The commissioning of the large Vacuum Arc Remelting furnace is a strategic milestone for Aerolloy and PTC Industries. With this facility, Aerolloy can now manufacture large Titanium castings required for the most demanding civil and military aeroengine applications, as well as for advanced defence and space platforms."
National Significance
This development aligns with India's goals for self-reliance and export potential in high-performance aerospace materials. By reducing dependency on imported strategic inputs, Aerolloy contributes to strengthening India's position in the global aerospace and defense manufacturing ecosystem.
Future Outlook
The company's investment in advanced manufacturing capabilities, including the new state-of-the-art facility at the 50-acre site in the Lucknow node of the Uttar Pradesh Defence Industrial Corridor, underscores its commitment to growth and innovation. This expansion is expected to enhance Aerolloy's competitiveness and its ability to meet the increasing global demand for advanced Titanium and Superalloy materials.
As the aerospace and defense sectors continue to evolve, Aerolloy Technologies' latest achievement marks a significant step forward in India's journey towards becoming a key player in the global high-tech manufacturing landscape.
Historical Stock Returns for PTC Industries
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
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-0.40% | +8.21% | +12.41% | +22.56% | +8.10% | +401.70% |