Mumbai, June 25 -- This MoU reflects a commitment to the Indian Government's "Make in India" policy, marking additional steps toward Safran Aircraft Engines' ambition to develop a comprehensive aeroengine ecosystem in India and ATL's growing role in the indigenous production of critical aerospace components as well.

Sachin Agarwal, chairman and managing director of PTC Industries, said: "This memorandum of understanding between Aerolloy Technologies and Safran Aircraft Engines marks a significant step towards enhancing India's indigenous capabilities in military aircraft engine manufacturing. It aligns with the "Make in India" initiative, fostering collaboration and innovation in the aerospace sector while addressing the defence needs of...