M. Narayana Rao, chairman and managing director, MIDHANI said the newly developed technology was an import substitution product and only four other countries - United States, Russia, Japan and Kyrgyzstan had the knowhow to produce aeronautical grade titanium.

Dr. Saraswat said DMRL had also developed special steel for missiles and space components.

Later, Dr. Saraswat presented IIM awards to scientists for their distinguished services for research and education in the field of metallurgy.