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PTC Industries bags order from ARDE

23 Jul 2026 Evaluate

PTC Industries has received a design and development order from the Armament Research & Development Establishment (ARDE), a laboratory of the Defence Research and Development Organisation (DRDO), for a Titanium Cradle for the 105mm Indian Light Weight Tank. ARDE is engaged in the development of advanced armament systems for Indian defence applications. The present order relates to the design and development of a critical Titanium component for a lightweight armament system being developed for the Indian Light Weight Tank programme.

This order represents a significant milestone in PTC’s evolution. Unlike traditional build-to-print assignments, where the customer provides a defined design and the manufacturer is responsible for execution, this order requires PTC to participate in the design and development of the component for its intended functional performance. With this order, PTC begins to add design-led development capability to its existing strengths in Titanium materials, precision manufacturing and mission-critical component execution.

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


Peers
Company Name CMP
AIA Engineering 3843.05
Alicon Castalloy 725.00
Nelcast 118.15
PTC Industries 22370.85
Synergy Green Inds. 658.00
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