PTC Industries Enters MoU with Hindustan Aeronautics' Accessories Division

PTC Industries Ltd and Hindustan Aeronautics Limited (HAL) accessories division in Lucknow have joined hands through a memorandum of understanding (MoU) aimed at enhancing cooperation for the indigenisation of critical aviation-grade raw materials such as titanium and nickel-based super alloys, as well as special steels. This collaboration extends to components, spares, sub-assemblies, and LRUs (Line Replaceable Units) essential for aircraft and helicopters manufactured by HAL.

According to statements from both companies, the MoU signifies a strategic partnership geared towards sharing expertise and capabilities pertinent to the aerospace sector's requirements.

HBL