Business Update5 Sept 2024, 09:11 pm
Goodluck India Ltd to Inaugurate New Precision Pipes Facility, Boosting Production by 50,000 MTPA
AI Summary
Goodluck India Ltd, with stock code 530655, has announced the continuation of their earlier announcement for the expansion of precision pipes at Sikandarabad Industrial Area, Bulandshahr, Uttar Pradesh, India. The new facility is set to be inaugurated on the 15th of September, 2024, with expectations to start commercial production soon afterwards. This development aims to significantly increase the company's production capacity, marking a significant milestone for Goodluck India Ltd.
Key Highlights
- Goodluck India Ltd is expanding its precision pipes production capacity by 50,000 MTPA.
- The new facility is scheduled for inauguration on the 15th of September, 2024.
- The company plans to start commercial production soon after the inauguration.
- This expansion is expected to be a game changer for Goodluck India Ltd.
- The stock code for Goodluck India Ltd is 530655.