PTC Industries Wins Defence Order to Develop Key Artillery Gun Components
Author: CNBC-TV18 Markets·
Key Takeaways
- •PTC Industries received a development order from Gun Factory Kanpur for two artillery gun components.
- •The company will design, manufacture and supply the components under the contract.
- •PTC Industries said the order strengthens its role in India’s defence manufacturing sector.
- •The work is expected to be completed within nine months.
- •The order reflects ongoing domestic sourcing and development activity in defence production.
PTC Industries Wins Defence Order to Develop Key Artillery Gun Components
PTC Industries has received a development order from Gun Factory Kanpur to design, manufacture and supply two key artillery gun components.
The company said the order strengthens its role in India’s defence manufacturing sector and will be completed within nine months. The order also reflects ongoing domestic sourcing and development activity in defence production, where specialised suppliers are increasingly involved in supplying components for military equipment rather than only finished systems.
