Brief: Ptc Industries Joins Spv As Part Of Government's 'Make In India' Drive For Defence, Aerospace Sector Enhancement

Ptc Industries

10/06/2024 11:22

June 10 (Reuters) - PTC Industries Ltd  PCIN.NS :
    * PTC INDUSTRIES LTD - CO JOINS SPV AS PART OF GOVERNMENT'S
'MAKE
IN INDIA' DRIVE FOR DEFENCE AND AEROSPACE SECTOR ENHANCEMENT
    * PTC INDUSTRIES LTD - GOVERNMENT OF INDIA WILL FUND 75% OF
PROJECT COST
    * PTC INDUSTRIES LTD - REMAINING 25% TO BE FUNDED BY SPV
MEMBERS,
TOTALLING APPROXIMATE COST OF 530 MILLION RUPEES
    * PTC INDUSTRIES LTD - GREEN FIELD DEFENCE TESTING FACILITY
BEING
ESTABLISHED IN LUCKNOW UNDER DTIS SCHEME

Source text for Eikon:  ID:nBSE2wSYvR 
Further company coverage:  PCIN.NS 

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