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  3. Goodluck Defence receives industrial license for artillery shell manufa…

Goodluck Defence receives industrial license for artillery shell manufacturing

3 Oct 2025

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Key Takeaways

License enables Goodluck Defence’s entry into high-value artillery manufacturing, ensuring strong long-term growth prospects and expanded presence in India’s defence sector.

License enables Goodluck Defence’s entry into high-value artillery manufacturing, ensuring strong long-term growth prospects and expanded presence in India’s defence sector.

Goodluck Defence and Aerospace Unlisted Shares

Goodluck Defence and Aerospace

-6.67%

Expert Analysis

Goodluck Defence secures an industrial license to manufacture artillery shells.

Expert Analysis :

  • License Approval: Goodluck Defence & Aerospace, a subsidiary of Goodluck India, received an industrial license under the Indian Arms Act, 1959.

  • Manufacturing Scope: The license covers major sizes of artillery shells, including 105mm, 120mm, 125mm, 130mm, and 155mm, specifically HE M107, ERFB, ERFB BB, and ERFB BIT.

  • Capacity & Timeline: The facility will begin with an annual capacity of 150,000 shells and start trial production in Q3FY26, progressing to full-scale commercial operations thereafter.

Publisher:Business Standard