MTAR Technologies, a leading precision engineering firm, has secured new orders valued at ₹34 crore across the clean energy and aerospace sectors. The contracts involve the manufacturing and supply of high-precision components, with delivery scheduled by the end of the 2025–26 financial year.
These orders mark a significant step in the company’s strategic focus on high-growth, technology-driven sectors. The organization has recently completed the initial production of several new products in these domains, reinforcing its position in advanced manufacturing.
“We are actively pursuing larger volume contracts in both aerospace and clean energy. Our recent developments demonstrate our focus on innovation, quality, and dependable execution,” said Parvat Srinivas Reddy, Managing Director and Promoter of MTAR Technologies. “We are also in discussions with key clients to establish long-term supply agreements for critical components.”
MTAR Technologies Limited is a Hyderabad-based precision engineering firm with over 50 years of experience in the Indian aerospace, defence, nuclear, and clean energy sectors. Established in 1970, the company has grown into a key player in supplying mission-critical components and systems to organizations such as the Indian Space Research Organisation (ISRO), Defence Research and Development Organisation (DRDO), and Nuclear Power Corporation of India Limited (NPCIL).
MTAR specializes in manufacturing high-precision assemblies, including liquid propulsion engines, cryogenic turbo pumps, combustors, and ball screws, all of which are essential for advanced missile systems, launch vehicles, and nuclear reactors. The company has been instrumental in supporting major ISRO missions, such as the Mars Orbiter Mission (Mangalyaan) and Chandrayaan-2, by supplying critical components like the GSLV Mk-III engine. In recognition of its contributions, MTAR received the National Level Champion Award from the Society of Indian Defence Manufacturers in 2021 for its work on indigenizing ball screws used in defence and space applications .
With seven manufacturing units, including an export-oriented facility in Hyderabad, MTAR continues to expand its capabilities. In December 2022, the company signed a Memorandum of Understanding (MoU) with the Indian National Space Promotion and Authorization Center (IN-SPACe) to develop a two-stage, all-liquid small satellite launch vehicle with a payload capacity of 500 kilograms . MTAR’s commitment to innovation and self-reliance aligns with India’s “Atmanirbhar Bharat” initiative, positioning the company as a cornerstone in the nation’s strategic sectors.
