In the clean energy and aerospace sectors, MTAR Technologies Ltd. has received orders totaling Rs. 226 Crs. This includes Rs. 35 Crs in orders from reputable customers in the aerospace industry, such as Rafael, IMI Systems, and IAI, and Rs. 191 Crs in orders for various products from Bloom Energy in the clean energy sector.
Additionally, it is anticipated that orders totaling Rs. 225 Cr will be fulfilled within a year, with the remaining orders to be fulfilled by April 2026. The company’s growing market share in the clean energy and aerospace sectors is reflected in the order value.
Commenting on the orders, Parvat Srinivas Reddy, Managing Director & Promoter, MTAR Technologies Ltd, said, “We are optimistic about growth in Clean Energy and Aerospace verticals. The Company is expecting significant orders in both the segments going forward.”
Through our precision machining, assembly, testing, quality control, and specialized fabrication competencies—some of which have been developed and manufactured domestically—the company is a leading national player in the precision engineering industry, engaged in the manufacturing of mission-critical precision components with close tolerances (5–10 microns) and critical assemblies to serve projects of high national importance.
Since its founding in 1970, MTAR has developed into a significant organization with cutting-edge facilities and an unmatched track record of supporting the Indian space program, Indian civil nuclear power program, Indian defense, global defense, and global clean energy sectors.
