BTX Precision Completes Acquisition of Addison Precision Manufacturing!
BTX Precision is excited to announce the successful acquisition of Addison Precision Manufacturing (APM), marking its first acquisition of…
Goodluck India Limited, a key player in the engineered steel products sector, has inaugurated a cutting-edge hydraulic tubes manufacturing facility in Bulandshahr, Sikandrabad. The ₹210 crore plant, with a capacity of 50,000 metric tons, will produce highly specialized hydraulic tubes used in construction machinery, light commercial vehicles, and other industrial equipment. These tubes, designed to replace seamless tubes, aim to reduce India’s import dependence.
Chairman & Managing Director MC Garg emphasized that trial production is set to begin immediately, with full-scale commercial production starting by January next year. Funded entirely through internal resources, the project marks a significant step toward Goodluck India’s goal of becoming a billion-dollar company within the next three to four years.
Goodluck India’s strategic investment reflects the growing domestic and international demand for specialized hydraulic tubes, which are produced by only a few manufacturers globally. With this expansion, the company seeks to solidify its position as a major force in the steel industry.
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