PTC Industries Limited, a manufacturer of high-quality high-precision metal components and materials for various critical and super-critical applications and Kineco Aerospace & Defence, a leader in advanced composite solutions, have announced the signing of a Memorandum of Understanding (MoU) to jointly develop and manufacture value-added aerospace components and structural assemblies.

This strategic collaboration brings together PTC’s expertise in high-integrity castings and exotic materials like titanium and superalloys and Kineco’s proven capabilities in lightweight composite structures for aerospace and defence applications to create a next-generation ecosystem for indigenous aerospace manufacturing.

The MoU was signed by Mr. Sachin Agarwal, Chairman & Managing Director of PTC Industries and Mr. Shekhar Sardessai, Founder, Chairman & Managing Director of Kineco Group in the presence of senior leadership teams from both companies.

Speaking at this occasion, Mr. Sachin Agarwal, Chairman and Managing Director of PTC Industries, said: “Together, PTC and Kineco will be able to offer integrated solutions across metallics and composites addressing critical needs of Indian and global OEMs. Both companies share a common vision: building an Atmanirbhar Bharat through high-precision engineering”

Commenting on this occasion, Mr. Shekhar Sardessai, Founder, Chairman & Managing Director of Kineco Group, said: “This partnership is a perfect blend of material innovation and manufacturing excellence. It paves the way for India to become a serious player in the global aerospace supply chain - not just in assemblies, but in core technologies and materials.”

The scope of the collaboration includes:

- Co-development of hybrid aero structures combining composites and metallics

- Localization of critical aerospace components, including flight-critical parts

- Joint participation in global RFQs, especially for civil and defence programs

- Advanced R&D and technology transfer in collaboration with DRDO and other stakeholders

Both companies envision the partnership playing a vital role in supporting India’s growing ambitions in civil aviation, air defence, and space sectors. The synergy is expected to accelerate indigenisation and create value-added jobs and IP within India’s aerospace ecosystem.