PTC Industries Ltd has signed an agreement with Airbus through its wholly owned subsidiary, Aerolloy Technologies Ltd, for the development, production and supply of titanium castings used in the A320neo, A330neo and A350 aircraft programmes, as per an exchange filing dated August 6, 2026.
The agreement covers development, qualification and production activities, with serial supplies subject to Airbus completing its qualification process.
The agreement requires Aerolloy to undertake several stages of manufacturing. These include producing titanium material, manufacturing precision castings, machining the components, carrying out inspections, and delivering finished parts ready for installation.
The company said the work will be carried out through its integrated manufacturing process rather than splitting production across different suppliers.
The project will move through development and industrialisation before commercial production begins. Airbus' qualification process forms an essential part of the agreement, and production supplies will start only after the required standards, and programme conditions are met.
The company has described the agreement as a pathway towards future serial production rather than an immediate production contract.
According to PTC Industries, the components will be manufactured through an integrated production route covering material production, casting, machining, and inspection.
The company said this approach allows different manufacturing stages to be carried out within one system, providing greater production oversight and quality control. The components will be manufactured in India for Airbus' commercial aircraft programmes.
PTC Industries manufactures products for the aerospace, defence, space and energy sectors and has been operating for more than six decades.
The company is also expanding facilities at the Lucknow node of the Uttar Pradesh Defence Industrial Corridor, where additional titanium and superalloy manufacturing capacity for aerospace-grade materials is being developed.
Read More: Infosys Share Price in Focus; Expands Multi-Year AI-Led IT Partnership with Metsä Group!
As of August 6, 2026, 1:13 pm, PTC Industries share price was trading at ₹18,442.00, up 1.93% from the previous closing price.
The agreement establishes the framework for the development and future production of titanium components for three Airbus aircraft programmes. Commercial supplies will proceed after the qualification process outlined under the agreement is completed.
For daily market updates and regular stock market news in Hindi, stay tuned to Angel One's share market news in Hindi.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Aug 6, 2026, 2:59 PM IST
Team Angel One
We're Live on WhatsApp! Join our channel for market insights & updates
Get the link to download the App
