Axtel Industries Secures Exclusive Cryogenic Milling License From IISc

Axtel entered an exclusive technology licensing agreement with IISc’s FSID for cryogenic counter-rotating pin-disc milling technology, including a prototype and technical support. Investment is capped at ₹3 crore plus sales-linked royalties capped at ₹3 crore, enabling potential commercialization in advanced grinding applications.