Goodluck India starts hydraulic tube production in Uttar Pradesh

By Staff Report January 3, 2025 12:57 pm IST

The company inaugurated its hydraulic tubes manufacturing plant in Sikandrabad on 15th September 2024, with a 50,000 MT capacity.

Goodluck India’s stock increased 3.64% to ₹ 964.5 after the company’s hydraulic tube manufacturing factory in Sikandarabad Industrial Area, Bulandshahr, Uttar Pradesh (UP) began commercial production on January 1, 2025.

The company inaugurated its hydraulic tubes manufacturing plant in Sikandrabad on 15th September 2024, with a 50,000 MT capacity. The specialised tubes, intended for construction machinery and light commercial vehicles, will replace seamless tubes and help substitute imports. The investment is over ₹ 200 crore.

Goodluck India, a manufacturing company with five facilities in Sikandrabad and one in Kutch, India, produces various products including sheets, pipes, engineering structures, forgings, and automobile tubes, with an annual capacity of over 300,000 tonne