In a significant stride toward advancing industrial collaboration, PTC Industries, based in India, and Safran Aircraft Engines, a French global leader in aero engine design, development, and manufacturing, have formalized a multi-year contract for the production of casting parts for LEAP engines.
Under the terms of this strategic contract, PTC Industries will manufacture titanium casting parts for Safran Aircraft Engines, aligning with the “Make in India” policy of the Indian Government. This collaboration underscores Safran Aircraft Engines’ commitment to establishing a comprehensive aero engines ecosystem in India, thereby fortifying its global supply chain tailored for the LEAP production ramp-up.
Headquartered in Lucknow (Uttar Pradesh), PTC Industries brings extensive expertise in advanced casting processes and precision machining to this partnership. The initial delivery of titanium casting parts for LEAP engines is slated for early 2024, supporting the LEAP engine that powers single-aisle jets.
Sachin Agarwal, Chairman & Managing Director of PTC Industries, expressed enthusiasm about the collaboration, stating, “We are delighted to develop a new cooperation with one of the world-leading aircraft engine manufacturers. Through this partnership, we are looking forward to leveraging our expertise in the casting process to support the ambitious production challenges of the LEAP program.”
Dominique Dupuy, Vice President Purchasing at Safran Aircraft Engines, highlighted the significance of PTC Industries expanding Safran’s global supply chain, describing it as a “major step forward for our company.” He added, “PTC, with its investment in its new facilities in Lucknow, paves the way for successful cooperation over the coming years.”
Safran Aircraft Engines, in conjunction with other Safran companies, has a robust footprint in India with five production facilities in the country (located between Hyderabad, Bangalore, and Goa). A sixth site, dedicated to LEAP MRO activities, is expected to be operational in Hyderabad by 2025. India stands as the third-largest operator of the LEAP engine globally, with 75% of Indian commercial aircraft equipped with CFM’s advanced turbofan. To date, Indian airlines have placed orders for more than 2,200 LEAP engines.