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11 Apr
11:47

Goodluck India eyes steel production capacity expansion

Goodluck India aims to ramp up steel production capacity from the existing 326,000 tonnes/year to 500,000 t/y in the coming two to three years. This entails an investment outlay of INR 200 crores ($26.32 million), Kallanish notes. “Goodluck India will invest INR 100 crore at its Sikandrabad plant in Uttar Pradesh in the current fiscal,” Goodluck India chief executive Ram Aggarwal told local media. “Capacities at the unit will be ramped up by 50%,…
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