Goodluck India Secures Industrial License for Defence Production, Enters Strategic Alliance for AMCA Project
Goodluck India Limited (GIL) has received an Industrial License under the Indian Arms Act, 1959, allowing its subsidiary to produce empty shells for the Defence & Aerospace Industry. The company plans to start trial production by Q3 FY2025-26. Additionally, GIL has formed a strategic alliance with BrahMos Aerospace Thiruvananthapuram Ltd and Axiscades Technologies Ltd to bid for DRDO's Advanced Medium Combat Aircraft (AMCA) programme. This partnership aims to contribute to India's indigenous defence capabilities and aligns with the Atmanirbhar Bharat initiative.

*this image is generated using AI for illustrative purposes only.
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.
Historical Stock Returns for Goodluck India
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.21% | -0.17% | -9.20% | +21.46% | +19.53% | +2,478.92% |



































