Goodluck India Limited has announced a significant investment of ₹500 crore to enhance the production capacity of its artillery shell casings at its Saharanpur facility, increasing output from 150,000 to 400,000 units within a year. This expansion, aligning with India’s Atmanirbhar Bharat initiative, aims to meet rising domestic and European demands for ammunition amid global shortages exacerbated by the Ukraine conflict. The move also diversifies the company’s capabilities into aerospace components, positioning it strategically within India’s defense ecosystem. Analysts suggest this initiative could yield revenues exceeding ₹300 crore from shell sales alone, reinforcing India’s role as a reliable defense partner in an increasingly competitive international landscape.