Goodluck India Limited has inaugurated a state-of-the-art hydraulic tubes manufacturing plant in Sikandrabad Industrial Area, Bulandshahr, with an installed capacity of 50,000 MT. The ₹200 crore facility will produce specialized hydraulic tubes, acting as an import substitute and targeting high-demand sectors like construction machinery and industrial equipment.
The plant will begin trial production immediately, with full commercial production expected by January 2025. Goodluck India plans to export 40% of the output to markets in the US and Europe, expecting strong revenue growth from this segment.
Mr. M.C. Garg, CMD, stated, “This project is a key step in our journey to become a billion-dollar company, addressing both domestic and international demand for hydraulic tubes.”
