MTAR Technologies specializes in the production of precision components with tight tolerances (5-10 microns) and essential assemblies for high-priority national projects.
Customers in the nuclear, space and defence, and sustainable energy industries are the company’s primary focus.
The company has contributed to the Indian civilian nuclear power programme, the Indian space programme, the Indian defence and aerospace sector, the worldwide defence and aerospace sector, and the global clean energy sector since its founding.
Another important field for the company is clean energy, and it manufactures power units, notably hot boxes and hydrogen boxes, as well as electrolyzers for customers all over the world, including Bloom Energy.
In FY2020, clean energy accounted for 64.34 percent of company income.
Not only for new pressurised heavy water nuclear reactors, but also for refurbishment of existing reactors, the company develops and distributes specialist items such as fuel machining heads, drive mechanisms, bridge and column, and coolant channel assemblies, among others.
The Nuclear industry accounted for 14.27 percent of the company’s operating revenue in FY2020.
MTAR Technologies is based in Hyderabad, Telangana, and has seven manufacturing sites, including an export-oriented unit (EOU).