Phillip’s machine manufacturing arm will bring Titanium and other hi-tech materials to India
Phillips Machine Tools (PMT) will launch a dedicated 3D materials division to address India’s lack of locally available high-tech consumables and raw materials, including titanium. The company has plans to secure an import license in the next six months and cater to the defence, aerospace, renewable, electronics, and, in certain aspects, the health tech market and clean energy sectors, the company’s Managing Director, Terrence Miranda, told ET. PMT is a fully owned subsidiary of the USA-based Phillips Corporation.
“To obtain this license, you need to demonstrate capabilities, such as owning the necessary equipment and conducting R&D on it. India does not yet produce aerospace-grade titanium in the quantities or quality needed. For sectors like space and defence, this poses a significant challenge,” he said, adding that the company will incorporate it into its new 20,000 sq. ft facility in Chakan, Pune.
PMT is working to source titanium from international markets, including the US and Germany, while also exploring regional exports to make it easier to procure.
Currently, the company operates facilities located in Bengaluru, Pune, and Vadodara. It also operates across South Asia—Bangladesh and Sri Lanka—as well as the Middle East and Malaysia and deals in metal additive manufacturing.
Miranda explained that the current consumption of certain alloys in India is significant but, by global standards, especially compared to the US, it’s not very high. However, viewing this as an early trend, the company wants to have
