PTC Industries is investing Rs 300 crore to set up a titanium recycling plant in Lucknow as it eyes to be an aerospace and defence supplier. The proposed titanium recycling facility will be the first of its kind plant in the private sector in the country. The proposed facility, which will come up over the next three to four years, will recycle the waste generated by the aerospace industry while making titanium castings.
Incorporated in 1963, PTC Industries is a manufacturer of high-quality engineering components for various critical and super-critical applications.