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Goodluck to raise output of artillery shells with ₹400 crore
Mint Chennai
|October 15, 2025
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.
Bu hikaye Mint Chennai dergisinin October 15, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
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Mint Chennai
Goodluck to raise output of artillery shells with ₹400 crore
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.
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