Published On:August 18 2021
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Goodluck India Limited completes expansion at Auto Tube division.

Goodluck India Limited has announced that the expansion of Auto Tube Division has been completed.

Identifying the huge potential of Cold Drawn Welded Tubes (COW)in the Automobile Sector in the domestic as well as overseas market, the Company has enhanced its production capacity by nearly 25 %, i.e. around 10,000 MTPA for its Auto Tube Division. Company foresees a strong demand from overseas buyer, The Company has been a dominant player in US market for last so many years and demand in Auto Sector is in accelerated mode world-wide. After COVID, Auto demand has picked up in India as well.

Mr. M. C. Garg, Chairman is of the opinion that this expansion will be game changer for future prospect of the Company.

EQUITYBULLS





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