India, Oct. 3 -- Goodluck India Limited, a leading engineering conglomerate, announced that its subsidiary Goodluck Defence & Aerospace Limited has received an industrial license under the Indian Arms Act, 1959 for the manufacturing of artillery shells across major calibres, including 105mm, 120mm, 125mm, 130mm and 155mm. The approval covers advanced variants under the 155mm category such as HE M107, ERFB, ERFB BB, and ERFB BT.
With an initial capacity of 150,000 shells per annum at its state-of-the-art facility, Goodluck Defence is set to begin trial production in Q3 FY26, followed by a swift ramp-up to commercial-scale operations. The development marks a significant milestone, positioning the company among a select league of distinguishe...