November 15, 2023
1 min read

PTC Industries, Safran Team Up for LEAP Engine Casting

Safran Aircraft Engines’ ambition is to develop a comprehensive aero engines ecosystem in India, strengthening its global supply-chain built for the LEAP production ramp-up…reports Asian Lite News

Indian-based PTC Industries and Safran Aircraft Engines, the French global leader in aero engine design, development and manufacturing, announced a multi-year contract to develop industrial cooperation for LEAP engine’s casting parts.

Under the terms of the contract, PTC Industries will produce titanium-casting parts for Safran Aircraft Engines. This agreement reflects commitment to the government’s ‘Make in India’ policy.

Safran Aircraft Engines’ ambition is to develop a comprehensive aero engines ecosystem in India, strengthening its global supply-chain built for the LEAP production ramp-up.

Based in Lucknow, PTC Industries has a long-standing expertise in advanced casting processes, as well as precision machining. The first titanium casting parts for LEAP engines are scheduled to be delivered early in 2024 for the LEAP engine powering single-aisle jet.

“We are delighted to develop a new cooperation with one of the world-leading aircraft engine manufacturer. Through this partnership, we are looking forward to leveraging our expertise in casting process to support the ambitious production challenges of the LEAP program,” said Sachin Agarwal, Chairman & Managing Director, PTC Industries.

“Having PTC industries expanding our global supply chain is a major step forward for our company. PTC, with its investment in its new facilities in Lucknow, pave the way to a successful cooperation over the coming years,” said Dominique Dupuy, Vice President (Purchasing), Safran Aircraft Engines.

Safran Aircraft Engines, alongside other Safran companies, has a strong footprint in India with five production facilities in the country (in Hyderabad, Bengaluru and Goa), which will be completed by a sixth site in Hyderabad dedicated to the LEAP MRO activities by 2025.

The country is the third largest operator of LEAP engine in the world, with 75 per cent of Indian commercial aircraft being equipped with CFM’s advanced turbofan.

To date, more than 2,200 LEAP engines have been ordered by Indian airlines.

ALSO READ: India’s Inflation Takes a Dip, Experts Weigh In

Previous Story

China’s Sway in Thai Military Remains Strong

Next Story

Anand Patwardhan Reflects on 50 Years of Documentary Filmmaking

Previous Story

China’s Sway in Thai Military Remains Strong

Next Story

Anand Patwardhan Reflects on 50 Years of Documentary Filmmaking

Latest from Business

Airbus delivers first jet from new China line

Airbus has delivered the first A320neo from its second Tianjin assembly line, expanding production capacity as China’s aviation market continues to grow, reports Asian Lite News Desk Airbus has delivered the first

Hong Kong retains global finance crown in Asia

Hong Kong retains third place in the latest global financial centres index, leading Asia-Pacific while ranking first worldwide in fintech and financial sector development, reports Asian Lite News Desk Hong Kong has

Oracle cuts jobs as AI spending surges

The move follows a substantial reduction in Oracle’s workforce during the company’s latest financial year. Company filings show that its employee count fell by around 21,000, or 13 per cent, during the

India Remittances Surge Over Decade

Digital connectivity has strengthened these links by allowing migrants to share knowledge and expertise remotely while continuing to work and remain economically active overseas…reports Asian Lite News Desk India’s remittance economy has

Apple Bundles TV, Arcade With iCloud+

Apple said the expanded iCloud+ package will roll out in more than 100 countries and regions through the end of September Apple has expanded its technology and subscription ecosystem in India with
Go toTop

Don't Miss

Safran to quadruple employees in India

French defence major Safran Group has big plans for India

Safran’s chief discusses tech partnership with PM Modi

Safran is a French multinational company that designs, develops and