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Goodluck India’s arm secures Landmark License for Artillery Shells Manufacturing

03 Oct 2025 Evaluate

Goodluck India’s subsidiary -- Goodluck Defence & Aerospace (Goodluck Defence) has received industrial license under Indian Arms Act, 1959, for the manufacturing of for all major sizes including 105mm, 120mm, 125mm, 130mm, 155mm and under the 155mm category HE M107, ERFB, ERFB BB and ERFB BIT medium-caliber artillery shells. This milestone positions Goodluck Defence at the forefront of India's burgeoning defence manufacturing ecosystem, establishing the company in the league of select distinguished suppliers. 

With an initial manufacturing capacity of 150,000 shells per annum which is planned to be further augmented at its state-of-the-art facility, Goodluck Defence is poised to commence trial production in Q3FY26, transitioning swiftly to full-scale commercial operations. This strategic move underscores Goodluck India's unwavering commitment to indigenization and technological excellence in the defence sector, aligning seamlessly with the 'Atmanirbhar Bharat' initiative.

Goodluck India is certified manufacturer and exporter of a precision engineered range of Cold Drawn Welded Tubes & Precision Tubes.


Goodluck India Share Price

1427.80 37.55 (2.70%)
08-May-2026 16:59 View Price Chart
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Company Name CMP
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