PTC Industries Limited , a key player in high-performance materials and precision-engineered components for defense and aerospace applications, has announced a significant partnership with Bharat Dynamics Limited (BDL). The two companies have signed a Memorandum of Understanding (MoU) to establish a joint venture focused on manufacturing advanced propulsion systems and aero-engines for missiles and Unmanned Aerial Vehicles (UAVs).

Strategic Collaboration

The partnership aims to combine PTC Industries' expertise in manufacturing components for defense equipment and critical materials with BDL's experience in guided missiles and underwater weapons. This collaboration is set to enhance India's domestic capabilities in the aerospace and defense manufacturing sector.

Key Aspects of the Joint Venture

The joint venture will focus on:

1. Design and development of propulsion systems
2. Manufacturing of guided bombs
3. Production of aero-engines for missiles, UAVs, and loitering munitions

Alignment with 'Make in India' Initiative

This strategic partnership is expected to significantly contribute to the 'Make in India' initiative by:

• Reducing dependence on foreign suppliers
• Enhancing domestic propulsion manufacturing capabilities
• Creating an integrated, India-based design-to-delivery pathway for strategic propulsion and engine technologies

Product Range

The joint venture aims to manufacture a range of propulsion systems, including:

• Liquid and solid rocket motors
• Ramjet engines
• Turbojet engines for UAVs and drones

Leadership Perspective

Sachin Agarwal, Chairman & Managing Director of PTC Industries Limited, emphasized the significance of this partnership, stating:

"This Joint Venture with Bharat Dynamics Limited is a decisive step towards building India's capability in critical propulsion and engine technologies. By combining BDL's proven systems pedigree with PTC's materials, manufacturing and precision-engineering expertise, we will create an indigenous, future-ready ecosystem for missiles, UAVs and next-generation strategic platforms - fully aligned with the vision of Aatmanirbhar Bharat."

Conclusion

The collaboration between PTC Industries and Bharat Dynamics marks a significant step in India's journey towards self-reliance in defense and aerospace manufacturing. By leveraging their combined strengths, the joint venture is poised to play a crucial role in advancing India's capabilities in critical defense technologies.

As this partnership unfolds, it will be interesting to observe its impact on India's defense manufacturing landscape and its contribution to the country's strategic autonomy in critical technologies.

PTC Industries Limited , through its wholly-owned subsidiary Aerolloy Technologies Limited, marked a significant milestone in India's journey towards self-reliance in strategic materials manufacturing. The company held the Lokarpan Ceremony for its state-of-the-art Titanium & Superalloys Materials Plant on October 18, 2025, at the U.P. Defence Industrial Corridor in Lucknow.

High-Profile Inauguration

The ceremony was graced by notable dignitaries:

• Hon'ble Shri Rajnath Singh, Defence Minister, Government of India
• Hon'ble Shri Yogi Adityanath, Chief Minister, Uttar Pradesh

Senior officials from the Ministry of Defence, Government of Uttar Pradesh, and industry representatives also attended the event, underscoring its importance in the nation's defence manufacturing landscape.

Strategic Importance

The inauguration of this advanced facility represents a crucial step in enhancing India's capabilities in producing high-performance materials for critical sectors. The plant is designed to manufacture:

• Titanium materials
• Superalloy materials

These materials are vital for:

1. Defence sector
2. Aerospace industry
3. Industrial applications

Alignment with National Initiatives

The establishment of this plant aligns closely with the Government of India's "Aatmanirbhar Bharat" (Self-Reliant India) initiative. By localizing the production of these strategic materials, PTC Industries is contributing to:

• Reducing dependency on imports
• Strengthening domestic manufacturing capabilities
• Enhancing India's position in the global defence and aerospace supply chain

Facility Location and Specifications

The Titanium & Superalloys Materials Plant is located at:

Corporate Disclosure

PTC Industries Limited made this announcement in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company's shares are listed on the National Stock Exchange of India Limited and BSE Limited.

This development marks a significant stride in India's defence manufacturing capabilities, potentially impacting the country's strategic autonomy and industrial growth in high-tech materials production.