PTC Industries’ wholly owned subsidiary -- Aerolloy Technologies (Aerolloy) has signed two Memoranda of Understanding (MoUs) with the Ministry of Steel, Government of India, under the Production Linked Incentive (PLI) Scheme 1.2 for Specialty Steel, covering Titanium Alloys and Super Alloys.

Titanium Alloys and Super Alloys fall under the ‘Steel Grades for Strategic Sector’ category and attract among the highest incentive rates under the scheme, applicable on incremental annual sales for the duration of the PLI period.

Aerolloy’s selection under PLI Scheme 1.2 reflects its unique positioning within India’s advanced materials ecosystem. Aerolloy is the only company in India with a fully integrated, end-to-end manufacturing capability across both Titanium Alloys and Super Alloys, encompassing: Alloy development and melting into aerospace-grade ingots; Conversion into billets, bars, rods, sheets, and plates through forging and rolling; Remelting and near-net-shape precision investment casting, and Final machining of complex, flight-critical components, all within a single, vertically integrated manufacturing ecosystem. 

PTC Industries is a leading Indian manufacturer of precision metal components for critical applications for over 60 years.