MRO & Manufacturing
Aerolloy Signs Long-Term Supply Deal with Honeywell Aerospace
Aerolloy Technologies will supply titanium and superalloy aerospace components to Honeywell from its Uttar Pradesh facility, bolstering India’s aerospace sector.
This article is based on an official press release from Aerolloy Technologies / PTC Industries and verified market data.
Aerolloy Technologies Limited, a wholly-owned subsidiary of PTC Industries Limited, has announced the signing of a long-term agreement with Honeywell Aerospace Technologies. According to the official announcement, the deal will see Aerolloy manufacture and supply titanium and superalloy precision investment castings for Honeywell’s global aerospace programs.
The agreement marks a significant expansion of India’s role in the global aerospace Supply-Chain. Under the terms of the contract, Aerolloy will produce critical components for aero-engines, leveraging its facility in the Uttar Pradesh Defence Industrial Corridor. The company stated that this partnership ensures dedicated production capacity for Honeywell, providing long-term revenue visibility for PTC Industries.
The collaboration focuses on the supply of high-value hardware essential for modern aviation. According to the press release, the scope of work involves the Manufacturing of precision investment castings utilizing both Titanium and Superalloys. These materials are critical for aero-engine components due to their high strength-to-weight ratios and heat resistance.
A key component of this agreement is the allocation of specific production resources. Aerolloy has committed dedicated manufacturing capacity to meet Honeywell’s requirements. In its statement, the company noted that this arrangement not only secures a stable supply chain for Honeywell but also ensures consistent, multi-year revenue streams for Aerolloy.
“This agreement leverages Aerolloy’s integrated manufacturing capabilities, from Titanium materials and Superalloy production to finished investment castings.”
, Official Press Release, Aerolloy Technologies
The agreement highlights Aerolloy’s specialized manufacturing ecosystem. Unlike many suppliers that rely on third-party raw materials, Aerolloy operates a vertically integrated facility. According to company profiles, the Lucknow-based plant is equipped with Vacuum Arc Remelting (VAR) and Vacuum Induction Melting (VIM) furnaces.
This infrastructure allows the company to control the entire value chain, including: By managing the process from raw material to finished component, Aerolloy claims to offer enhanced quality control and traceability, a critical requirement for aerospace OEMs (Original Equipment Manufacturers).
Following the announcement, financial news outlets reported a positive reaction in the stock market. Shares of PTC Industries surged approximately 4-5%, reaching a 52-week high, reflecting investor confidence in the company’s trajectory and the validation provided by a partner of Honeywell’s stature.
This agreement underscores a broader trend in the global aerospace sector known as the “China Plus One” strategy. As major OEMs seek to de-risk their supply chains and reduce over-reliance on any single region, India is emerging as a strategic alternative.
We observe that this deal validates the “Make in India” initiative, demonstrating that Indian manufacturers can meet the stringent quality Standards required for critical global aerospace hardware. By substituting imports with domestically produced high-grade alloys and castings, companies like Aerolloy are positioning India as a high-value manufacturing hub rather than just a low-cost labor market.
Sachin Agarwal, Chairman and Managing Director of PTC Industries, described the agreement as a “defining milestone” for the company. According to reports summarizing his remarks, Agarwal emphasized that the deal validates their strategy of building a world-class, end-to-end manufacturing ecosystem capable of competing on a global scale.
What will Aerolloy supply to Honeywell? Where is the manufacturing taking place? Why is this deal significant for the Indian aerospace sector?
Aerolloy Technologies Secures Long-Term Supply Deal with Honeywell Aerospace
Strategic Partnership Details
Dedicated Capacity and Revenue Visibility
Manufacturing Capabilities: Vertical Integration
Market Impact and Industry Context
AirPro News Analysis: The “China Plus One” Shift
Leadership Commentary
Frequently Asked Questions
Aerolloy will supply precision investment castings made from Titanium and Superalloys, primarily for use in aero-engine components.
The components will be manufactured at Aerolloy’s facility in the Uttar Pradesh Defence Industrial Corridor, Lucknow, India.
It represents a shift toward high-value manufacturing and import substitution, positioning India as a critical node in the global aerospace supply chain outside of China and the West.
Sources
Photo Credit: PTC Industries Limited