Goodluck India to Bid for DRDO Aircraft Program

By By Rediff Money Desk, New Delhi
Oct 03, 2025 15:32
Goodluck India signs agreement with BrahMos & Axiscades to bid for DRDO's AMCA program. Focus on indigenous defence capabilities.
New Delhi, Oct 3 (PTI) Special steel maker Goodluck India on Friday announced a tripartite agreement to jointly bid for defence research organisation DRDO's advanced medium combat aircraft programme.

It has signed the agreement with BrahMos Aerospace Thiruvananthapuram Ltd (BATL) and Axiscades Technologies, Goodluck India said in a statement.

"Goodluck India has signed a tripartite Memorandum of Understanding (MoU) to jointly bid for the Defence Research and Development Organisation (DRDO)'s Advanced Medium Combat Aircraft (AMCA) programme," it said.

The AMCA programme seeks to deliver a cutting-edge fifth-generation stealth aircraft featuring advanced avionics, super-cruise capability, internal weapons bays, and electronic warfare systems, the company said.

The steel maker said the partnership aligns with the government's Atmanirbhar Bharat initiative, aiming to strengthen indigenous defence capabilities.

"...By bringing together our proven strengths in defence-grade manufacturing and engineering, we are poised to play a critical role in one of India's most ambitious and strategic defence programmes," Mahesh Chandra Garg, Chairman of Goodluck India Ltd, said.

In a separate statement, Goodluck India said its subsidiary Goodluck Defence & Aerospace Limited (Goodluck Defence) has received an industrial license under the Indian Arms Act, 1959, to manufacture medium-calibre artillery shells of various sizes.

Goodluck India currently has six manufacturing facilities with a total capacity of 5 lakh metric tonnes per annum spread across two states - Uttar Pradesh and Gujarat.

The company specialises in the manufacturing of defence products, high-end forgings, heavy fabrication of steel structures, precision tubes, etc.
Source: PTI
Read More On:
drdobrahmos aerospacegoodluck indiaamca programdefence research
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.

You May Like To Read

MORE NEWS

NCLAT Asks Renewal of Bank Guarantee for IL&FS...

NCLAT directs Brookfield-backed Chronos to renew bank guarantee for acquiring IL&FS...

SBI Reduces Lending Rate After RBI Cut

SBI cuts lending rate by 25 bps after RBI rate cut. Loans become cheaper for borrowers....

Pakistan & Binance Pact: Tokenisation of Assets

Pakistan and Binance sign MoU for tokenisation of assets up to USD 2 billion. Boost...

IndiGo Seeks Rs 900 Cr Customs Duty Refund in...

IndiGo moves Delhi HC for Rs 900 crore Customs duty refund on re-imported aircraft...

Sebi Clears Pranav Adani in Insider Trading Case

Sebi clears Pranav Adani, Adani Group director, of insider trading charges related to...

Sebi Officials & Asset Disclosure: Privacy...

Sebi officials express privacy concerns over public asset disclosure. Pandey discusses...

New Labour Codes: Supply Chains, Wages, Skilling

New Labour Codes in India aim for frictionless supply chains, universal wage coverage,...

Fidelity Buys 6.3% Stake in Meesho

Fidelity International acquires a 6.3% stake in e-commerce firm Meesho. The stake is...

Wipro & Google Cloud Deploy Gemini AI

Wipro expands Google Cloud partnership to deploy Gemini AI across operations. Jointly...

IndiGo Faces Rs 59 Cr GST Penalty, Will Contest

IndiGo slapped with nearly Rs 59 crore GST penalty for FY21. Airline to contest the...

Read More »

Sectoral Indices Market Indicators Listed Companies Gainers Losers Mutual Funds Portfolio Watchlist
© 2025 Rediff.com