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MTAR Tech Bags Rs 15.4 Cr Order

MTAR Tech Bags Rs 15.4 Cr Order

MTAR Tech Bags Rs 15.4 Cr Order
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24 Sep 2024 8:31 AM GMT

Hyderabad: MTAR Technologies Ltd said it has received an order worth Rs 15.4 crore to manufacture and supply full-scale and sub-scale combustors for the development of cutting-edge air-breathing engine technology for defence programmes.

The Company, operating in the precision engineering industry, provides Civil Nuclear Power, Fuel cells, Hydel and others in the clean energy segment, space and defence sectors. MTAR has seven manufacturing units including an export-oriented unit in Hyderabad, Telangana.

An official press release from MTAR Tech said that it will execute the received order by September 2025, as per the contract terms. “The Company has a long-standing relationship of over four decades with leading Indian organisations and global OEMs. This new will strengthen our capabilities further in the supply of systems for future generation engines related to various Defence programmes,”

it mentioned.

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