Azad Engineering Limited has entered into a long-term agreement with Pratt & Whitney Canada to develop and manufacture aircraft engine components. This partnership aims to enhance Azad's aerospace manufacturing capabilities, aligning with national strategic goals and advancing India's position in global aerospace supply chains.
Hyderabad-based Azad Engineering Limited has officially signed a Master Terms Agreement with Pratt & Whitney Canada Corporation to collaboratively develop and manufacture aircraft engine components. This long-term partnership aims to significantly strengthen Azad's manufacturing expertise and capacity in the aerospace sector.
The agreement builds a framework for sustained cooperation, underscoring a strategic move to develop highly complex and critical parts necessary for aircraft engines. While financial terms and specific timelines remain confidential, this collaboration represents a key milestone for Azad Engineering by expanding its footprint in the global aerospace industry.
Aligning with India's national strategic priorities, the partnership potentially accelerates the country's self-reliance ambitions in advanced aerospace manufacturing. Apart from enhancing technical capabilities, the agreement signals Azad's growing role as a trusted international partner in aircraft engine supply chains.
This development follows Azad's previous successful collaborations, including contracts with Rolls-Royce and Siemens Energy, positioning the company as a powerhouse in precision engineering and advanced manufacturing.
Key Highlights:
-
Azad Engineering and Pratt & Whitney Canada enter long-term development and manufacturing agreement for aircraft engine components.
-
Partnership focuses on complex, critical aerospace parts to enhance technical manufacturing capabilities.
-
Financial specifics and timeline details remain undisclosed due to confidentiality.
-
The collaboration aligns with India’s national priorities on aerospace self-reliance and technological advancement.
-
Strengthens Azad Engineering’s role in global aerospace supply chains and boosts international market presence.
-
Builds upon Azad’s established aerospace partnerships with Rolls-Royce and Siemens Energy.
Sources: Economic Times, Reuters, Business Standard, Exchange Disclosure