Goodluck India Limited (NSE: GOODLUCK, BSE: 530655) has announced two significant developments that are set to bolster its position in the defense and aerospace sectors.

Artillery Shell Manufacturing License

Goodluck Defence and Aerospace Limited, a material subsidiary of Goodluck India Limited, has secured an industrial license under the Indian Arms Act, 1959, for manufacturing artillery shells. The license covers a range of sizes including 105mm, 120mm, 125mm, 130mm, and 155mm. Under the 155mm category, the company is authorized to produce HE M107, ERFB, ERFB BB, and ERFB BIT medium-caliber artillery shells.

Key points of the artillery shell manufacturing initiative:

• Initial manufacturing capacity: 150,000 shells per annum
• Trial production expected to commence in Q3FY26
• Plans for swift transition to full-scale commercial operations

Collaboration for Advanced Medium Combat Aircraft (AMCA) Programme

In a separate development, Goodluck India has entered into a tripartite Memorandum of Understanding (MOU) with BrahMos Aerospace Thiruvananthapuram Ltd (BATL) and Axiscades Technologies Ltd. This collaboration aims to participate in the Advanced Medium Combat Aircraft (AMCA) programme.

Details of the AMCA programme collaboration:

• MOU signed on September 30, 2025
• Consortium to participate in the Expression of Interest (EOI) floated by Aeronautical Development Agency, Bengaluru
• Aims to contribute to India's strategic autonomy in aerospace

Management Commentary

Mahesh Chandra Garg, Chairman of Goodluck India Limited, commented on these developments:

"This approval for artillery shell manufacturing, especially being amongst select distinguished companies, is a testament to our strong technical and engineering capabilities and relentless pursuit of innovation and operational excellence. We are thrilled to embark on this transformative journey, which not only elevates Goodluck's stature in the national and global defence arena but also contributes significantly to our nation's security imperatives."

Regarding the AMCA programme, Garg added, "Our participation in the EoI for the Development of Advanced Medium Combat Aircraft marks another defining milestone for Goodluck India Ltd, and also for the broader vision of indigenous aerospace excellence. The AMCA is more than an aircraft – it is a symbol of India's technological sovereignty, and we are honoured to contribute to its realisation."

Company Overview

Goodluck India Limited, founded in 1986, is an engineering solutions provider specializing in:

• Defense Products
• High-End Forgings
• Heavy Fabrication of Steel Structures for High-Speed Railway Network and Infrastructure Projects
• Precision Tubing for automotive and other sectors

The company operates six manufacturing plants across Uttar Pradesh and Gujarat, with a total capacity of 500,000 MTPA, including 285,000 MTPA of high-margin value-added products. Goodluck India serves over 600 customers globally and exports to more than 100 countries.

These recent developments align with Goodluck India's strategy to diversify into high-growth sectors and contribute to India's 'Atmanirbhar Bharat' initiative in the defense and aerospace domains.

Goodluck India Limited (GIL) has made significant strides in the defence and aerospace sector with two major announcements that promise to reshape its future in the industry.

Industrial License for Defence Production

Goodluck India Limited has received an Industrial License under the Indian Arms Act, 1959, marking a crucial step in its expansion into the defence sector. This license enables its subsidiary, Goodluck Defence and Aerospace Limited, to commence production of empty shells for the Defence & Aerospace Industry.

The company anticipates starting trial production by the third quarter of the fiscal year 2025-26. This development follows an earlier announcement made on January 4, 2025, regarding the establishment of a new facility under the subsidiary to cater to the Defence & Aerospace Industry's extensive needs.

Strategic Alliance for AMCA Project

In a separate but equally significant move, Goodluck India Ltd has entered into a strategic alliance with BrahMos Aerospace Thiruvananthapuram Ltd (BATL) and Axiscades Technologies Ltd. The trio has signed a tripartite Memorandum of Understanding (MoU) to jointly bid for the Defence Research and Development Organisation (DRDO)'s Advanced Medium Combat Aircraft (AMCA) programme.

The alliance, formalized on September 30, 2025, brings together the complementary expertise of the three companies to respond to the Expression of Interest (EoI) issued by DRDO's Aeronautical Development Agency (ADA) for the manufacturing and supply of AMCA.

Advancing Indigenous Defence Capabilities

This strategic partnership aligns with the Government of India's Atmanirbhar Bharat initiative, aiming to strengthen indigenous defence capabilities. The consortium is poised to contribute significantly to India's strategic autonomy and establish the country as a hub for next-generation aerospace innovation.

The AMCA programme, fully designed in India by ADA, seeks to deliver a cutting-edge fifth-generation stealth aircraft featuring advanced avionics, super-cruise capability, internal weapons bays, and state-of-the-art electronic warfare systems.

Management's Perspective

Commenting on these developments, Mr. Mahesh Chandra Garg, Chairman of Goodluck India Limited, stated, "This collaboration marks another defining milestone for Goodluck India Ltd, and also for the broader vision of indigenous aerospace excellence. Our partnership with BrahMos Aerospace and Axiscades is rooted in a shared commitment to innovation, national security, and self-reliance. By bringing together our proven strengths in defence-grade manufacturing and engineering, we are poised to play a critical role in one of India's most ambitious and strategic defence programmes."

Company Profile

Founded in 1986, Goodluck India Limited has evolved from a traditional manufacturer to a diversified engineering solutions provider. The company specializes in manufacturing ERW Steel Pipes, Hollow Sections, CR Coils, CDW Tubes, Forgings & Flanges, and various other products for sectors including Automotive, Solar, Railways, Defence, Aerospace, and Infrastructure.

With six state-of-the-art manufacturing plants across Uttar Pradesh and Gujarat, Goodluck India boasts a total capacity of 500,000 MTPA, including 285,000 MTPA of high-margin value-added products. The company serves over 600 customers globally, exporting to more than 100 countries.

These recent developments underscore Goodluck India's commitment to innovation, technological advancement, and its growing role in India's defence and aerospace sectors.