Goodluck Defence & Aerospace Limited, a subsidiary of Goodluck India Limited, has commenced its first overseas dispatch of 155 mm heavy calibre empty shells from its manufacturing plant in Uttar Pradesh. The shipment forms part of an export order valued at USD 6 million and marks the company’s entry into international defence supply deliveries.
The dispatch follows a series of steps undertaken over recent months, beginning with the establishment of a dedicated manufacturing facility for 155 mm heavy calibre empty shells. The company subsequently built the infrastructure, systems and quality processes required to operate within the defence manufacturing ecosystem and secured the necessary technical validations and manufacturer approvals.
After obtaining internal and regulatory clearances for acceptance and execution of the export contract, the company initiated dispatch of the first batch of shells. Mahesh Chandra Garg, Chairman and Managing Director of Goodluck India Limited, flagged off the first shipment under the USD 6 million export order.
“We have moved forward in a deliberate and sequential manner to strengthen and expand our business operations. The journey began with establishing the manufacturing facility (a foundational milestone). This was followed by securing the necessary approvals (another critical step) in building our operational credibility. Thereafter, we successfully procured our first export order, obtained the requisite approvals for its acceptance, and progressed systematically towards execution and dispatch. Each milestone has built upon the previous one, leading to dispatch of this first batch of overseas shipment,” said Mahesh Chandra Garg, Chairman of Goodluck India Limited.
“With this first overseas dispatch, we transition from capability creation to sustained commercial participation in the global defence supply chain. We remain committed to maintaining the highest standards of transparency and disclosure, while respecting the confidentiality inherent to our business,” Garg added.
Production at the defence unit began during the third quarter of the current financial year, when the company commissioned a dedicated manufacturing line for 155 millimetre artillery shells. The facility currently has an annual production capacity of 150,000 shells and is undergoing expansion to increase capacity to 400,000 shells per year.
The company has outlined plans to invest about INR 4 billion to support the expansion of its artillery shell manufacturing capacity. Management has previously said the investment will be financed through a mix of equity and bank borrowing and is intended to scale the company’s participation in defence manufacturing and exports.
Goodluck India has indicated that demand visibility for its defence products remains strong, with confirmed orders covering about eight months and letters of intent extending up to two years. At the current production capacity, the defence business has the potential to generate about INR 3 billion in annual revenue, while the expanded capacity could raise the segment’s revenue potential to between INR 9 billion and INR 10 billion.
Goodluck India Limited manufactures defence products, high-end forgings, fabricated steel structures for railway and infrastructure projects, and automotive tubing. The company operates six manufacturing plants across Uttar Pradesh and Gujarat with a combined capacity of 500,000 tonnes per annum, including 285,000 tonnes of value-added products, and exports to more than 100 countries.
