New Delhi, Aug. 6 -- Airbus has selected Aerolloy Technologies, a wholly owned subsidiary of PTC Industries, for the development, qualification and supply of titanium castings for its A320neo, A330neo and A350 aircraft programmes, marking a significant milestone for the Indian manufacturer in the global commercial aerospace supply chain.

According to the company's press release, the agreement establishes the development, qualification and industrialisation pathway for Aerolloy to progress into production supply, subject to the successful completion of Airbus' qualification and programme requirements.

The company said the agreement follows Airbus' evaluation process, under which Aerolloy has been selected to undertake development and ind...