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Goodluck to raise output of artillery shells with ₹400 crore
October 15, 2025
|Mint Mumbai
Specialized steel and engineering products maker Goodluck India Ltd is looking to invest %400 crore to expand artillery shell production at its defence arm at Sikandrabad, Uttar Pradesh, over 12-18 months.
The move comes as the company seeks to diversify its revenue base amid global trade uncertainties fuelled by US president Donald Trump's tariffwar. The US hasimposed 50% tariffs on Indian exports, making it difficult for businesses to plan their capital expenditure.
هذه القصة من طبعة October 15, 2025 من Mint Mumbai.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
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