First operationalised private sector defence manufacturing facility in UP Defence Industrial Corridor
By OEM Update Editorial November 15, 2021 7:49 pm
Raksha Mantri lays foundation stone for an integrated Metal Manufacturing Facility under PTC industries for aerospace applications.
Raksha Mantri Shri Rajnath Singh inaugurated the first operationalised private sector defence manufacturing facility in Uttar Pradesh Defence Industrial Corridor (UPDIC) in Lucknow recently. The facility, run by Aerolloy Technologies, a wholly owned subsidiary of PTC industries, will manufacture parts for Aircraft Engines, Helicopter Engines, Structural parts for aircrafts, Drones and UAV, Submarines, Ultra-Light Artillery Guns, Space Launch Vehicles and Strategy Systems etc.
He also laid the foundation stone for an integrated Metal Manufacturing Facility under PTC industries that will produce key Raw Materials in Titanium and other Exotic Alloys for aerospace applications. This plant will significantly reduce the country’s dependence on imports for all platforms which require Titanium and Nickel Super Alloys and help in building a strong and Atmanirbhar Bharat.
Reaffirming the Government’s resolve of ‘Make in India and Make for the World’, he listed out a series of measures undertaken to achieve self reliance in defence, including earmarking around 64 per cent of its modernisation funds under capital acquisition budget for 2021-22 for procurement from domestic companies. “We have opened up opportunities to build a Mega Defence Programme, including fighter aircraft, helicopters, tanks and submarines through a strategic partnership model which will help our private companies grow in stature and become global giants in the times to come. Recently, a Rs 22,000 crore contract was signed for transport plane ‘C-295’. Most of these planes will be made in India in collaboration with our industry.He noted that the Armed Forces have also supported the drive for Aatmanirbharta in Defence. All these initiatives include the recent LCA Tejas contract of about Rs 50,000 crore given to Hindustan Aeronautics Limited. He stressed that from prioritising procurement from Indian-IDMM (Indigenously Designed, Developed and Manufactured) categories to supporting R&D, the Government is striving to harness technology through active engagement with industry, academia, technology providers, equipment manufacturers, quality controllers etc.
The Raksha Mantri expressed confidence of increased investments by private companies in the near future and hoped that city of Lucknow and the state of Uttar Pradesh will make a mark in the manufacturing domain of defence and aerospace sector.
Cookie Consent
We use cookies to personalize your experience. By continuing to visit this website you agree to our Terms & Conditions, Privacy Policy and Cookie Policy.