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Good Luck Steel Tubes commissions Stainless Steel Dye-Casting & Forging plant |
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Written by Vijay
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Tuesday, 27 October 2009 |
Mumbai: Good Luck Steel Tubes Ltd has successfully commissioned it's Stainless Steel Dye-Casting and Forging plant, having an annual production capacity of approximately 6800 M.T. p.a. The plant has started commercial production and the first consignment is expected to be dispatched shortly.
A few months back the company had been enlisted by Engineering India Ltd (EIL) for the supply of flanges and rings of carbon steel, alloy steel and stainless steel.
The new plant is located at the company's existing plot in U.P and is expected to add approximately Rs. 125 crore to the total turnover of the Company, annually.
In August 2009, the company was selected to receive the All India Export Award of EEPC INDIA under the category Star Performer in Product Group Tubes, Pipes & Hollow Profiles and Tube or Pipe Fittings of Iron or Steel for outstanding export performance during the year 2007-08. The Company has won this award four years in a row and has succeeded in exporting more than Rs 200 crores during the Financial Year ending on March 31, 2009. |