
New Launch4 Jan 2025, 06:17 pm
Goodluck India Ltd Starts Erection of Machineries at Subsidiary Plant for Defence & Aerospace Industry
AI Summary
Goodluck India Ltd has announced the commencement of erection of machineries at its subsidiary plant in Sikandarabad, dist. - Bulandshahr, Uttar Pradesh, India. This is in continuation of the earlier announcement made on 19 December 2023, where the company announced its intention to cater to the extensive needs of the Defence & Aerospace Industry. The new facility, with an investment of approximately 216.50 cr., will have a capacity to produce approximately 11000 MT per annum. The company is expecting to start the trial production by Q1 of FY 2025-26.
Key Highlights
- Goodluck India Ltd starts erection of machineries at its subsidiary plant
- New facility established in Sikandarabad, dist. - Bulandshahr, Uttar Pradesh, India
- Investment of approximately 216.50 cr.
- Capacity to produce approximately 11000 MT per annum
- Expected to start trial production by Q1 of FY 2025-26