# Goodluck India to invest Rs 200 crore to expand steel capacity

Goodluck India will invest Rs 200 crore over two to three years to increase its total installed capacity from 340,000 tonnes per annum to 500,000 tonnes per annum.

- Type: Expansion
- Announced: 2022-04-10
- Where: Sikandrabad, Uttar Pradesh and Kutch, Gujarat, India
- Value: $26.3M (2.00B INR)
- Status: announced
- Capacity: 500,000 tonnes per annum
- Products: engineered steel structures, precision/auto tubes, forging, CR products, GI pipes
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Goodluck India](https://endata.com/companies/62219.md)

## Sources

- [timesofindia.indiatimes.com](https://timesofindia.indiatimes.com/goodluck-india-to-invest-rs-200-cr-in-2-3-yrs-to-scale-up-capacity-cmd/articleshow/90758467.cms), 2022-04-10: "We are in an expansion mode and will invest Rs 200 crore over 2-3 years to increase our capacity to 5,00,000 tonnes as demand for our products from customers is continuously rising."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.