PTC Industries Ltd (formerly Precision Tools & Castings Ltd), is setting up a new stainless-steel casting foundry near Ahmedabad (Gujarat, India) with Lost Wax and Resin Shell. PTC is also in negotiation with CDC, UK, for Replicast Process moulding. Anticipating the demand from major manufacturers of valves for supply of fully machined castings, PTC is in search of suitable machining companies (especially for ball valves) who would be willing to set up the plant in India. Established in 1967, PTC Industries Ltd has a present turnover of USD 7 million and exports 80% of its output to Europe and America.
