Kineco Aerospace & Defence and PTC Industries Form Strategic Partnership
#Kineco #Aerospace #MoU #Defence #PTC“This partnership is a perfect blend of material innovation and manufacturing excellence. It paves the way for India to become a serious player in the global aerospace supply chain - not just in assemblies, but in core technologies and materials.”- Shekhar Sardessai, Founder, Chairman & Managing Director, Kineco Group
August 2025 : Kineco Aerospace & Defence and PTC Industries Limited, a manufacturer of high-quality metal components, have recently signed a Memorandum of Understanding (MoU) to jointly develop and manufacture aerospace components and structural assemblies.
This strategic collaboration aims to create a next-generation ecosystem for indigenous aerospace manufacturing by combining Kineco's expertise in lightweight composite structures with PTC's capabilities in high-integrity castings and exotic materials like titanium and superalloys.
The MoU was signed by Shekhar Sardessai, Founder, Chairman & Managing Director of Kineco Group, and Sachin Agarwal, Chairman & Managing Director of PTC Industries. The event was also attended by Pankaj Prasoon, a shareholder in both organizations and a member of Kineco’s Board, who played a key role in bringing the two companies together.
Commenting on the occasion, Mr. Shekhar Sardessai said, “This partnership is a perfect blend of material innovation and manufacturing excellence. It paves the way for India to become a serious player in the global aerospace supply chain - not just in assemblies, but in core technologies and materials.”
Mr. Sachin Agarwal added, “Together, PTC and Kineco will be able to offer integrated solutions across metallics and composites - addressing critical needs of Indian and global OEMs. Both companies share a common vision: Building an Atmanirbhar Bharat through high-precision engineering.”
The scope of the collaboration includes:
● Co-development of hybrid aero structures combining composites and metallics
● Localization of critical aerospace components, including flight-critical parts
● Joint participation in global RFQs, especially for civil and defence programs
● Advanced R&D and technology transfer in collaboration with DRDO and other stakeholders.
Both companies believe this partnership will be vital in supporting India’s growing ambitions in the civil aviation, defence, and space sectors, while accelerating indigenisation and creating value-added jobs and IP within India’s aerospace ecosystem.
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