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Goodluck India Enters a Tripartite MoU with BATL and Axiscades Technologies

Written by: Team Angel OneUpdated on: 2 Oct 2025, 7:17 pm IST
Goodluck India signs MoU with BATL and Axiscades to jointly bid for ADA’s AMCA fighter aircraft project, focusing on indigenous manufacturing and supply.
Goodluck India Enters a Tripartite MoU with BATL and Axiscades Technologies
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Goodluck India Limited has signed a tripartite Memorandum of Understanding (MoU) with BrahMos Aerospace Thiruvananthapuram Ltd (BATL) and Axiscades Technologies Ltd. As per the filing, the agreement was finalised on 30 September 2025. The 3 companies will work together on the Advanced Medium Combat Aircraft (AMCA) project.

Participation in EoI

The alliance has been formed to respond to the Expression of Interest (EoI) issued by the Aeronautical Development Agency (ADA), Bengaluru. The EoI relates to manufacturing and supply for the AMCA programme. The collaboration is structured to meet the requirements set out by ADA.

AMCA Programme

The AMCA is a fifth-generation fighter aircraft project designed in India by ADA. The aircraft will include stealth features, advanced avionics, super-cruise capability, internal weapons storage, and electronic warfare systems. The programme is one of the major aerospace projects currently under development in the country.

Goodluck India Profile

Incorporated in 1986, Goodluck India Limited manufactures ERW pipes, hollow sections, CR coils, CDW tubes, forgings, flanges, telecom and transmission towers, railway and road bridges, and road safety products. The company’s facilities are located in Uttar Pradesh and Gujarat.

Manufacturing Capacity

Goodluck India operates six plants with a combined capacity of 5,00,000 metric tonnes per annum (MTPA). Out of this, 2,85,000 MTPA is in value-added product lines. The company has a workforce of about 4,000 employees. It supplies to more than 600 customers and exports to over 100 countries.

Industry Presence

The company’s products are used in sectors including automotive, solar, railways, defence, aerospace, and infrastructure. It has also been involved in projects such as transmission line towers and railway bridges.

Goodluck India Share Price Performance

As of October 1, 2025, Goodluck India share price closed at ₹1,308.00, up ₹37.20 or 2.93%.

Read More: TVS, Ather, or Bajaj Auto? Check Who Led India’s Electric Two-Wheeler Market in September 2025!

Conclusion

The MoU with BATL and Axiscades places Goodluck India in a consortium that will participate in the bid process for the AMCA programme. The arrangement is directed towards contributing to local production requirements for the aircraft.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Oct 2, 2025, 1:47 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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