Goodluck India Ltd enters into Strategic Alliance with BrahMos Aerospace Thiruvananthapuram Ltd and Axiscades Technologies Ltd to Bid for AMCA's Indigenous Manufacturing

Goodluck India Ltd, in a strategic alliance with BrahMos Aerospace Thiruvananthapuram Ltd (BATL) and Axiscades Technologies Ltd, has signed a tripartite Memorandum of Understanding (MoU) to jointly bid for the Defence Research and Development Organisation (DRDO)'s Advanced Medium Combat Aircraft (AMCA) programme.

The alliance, formalized on Wednesday, 30th September, 2025, brings together the complementary expertise of Goodluck India Ltd, BrahMos Aerospace Thiruvananthapuram Ltd (BATL) and Axiscades Technologies Ltd to respond to the Expression of Interest (EoI) issued by DRDO's Aeronautical Development Agency (ADA) for the manufacturing and supply of AMCA.

This strategic partnership aligns with the Government of India's Atmanirbhar Bharat initiative, aiming to strengthen indigenous defence capabilities. By combining strengths in engineering, systems integration, electronics, and defence manufacturing, the consortium is poised to contribute significantly to India's strategic autonomy and establish the country as a hub for next-generation aerospace innovation.

The AMCA programme, fully designed in India by ADA, seeks to deliver a cutting-edge fifth-generation stealth aircraft featuring advanced avionics, super-cruise capability, internal weapons bays, and state-of-the-art electronic warfare systems. This collaboration underscores the collective commitment of Indian industry leaders to advance indigenous defence technologies and deliver world-class aerospace solutions.

Commenting on the update, Mr. Mahesh Chandra Garg, Chairman, Goodluck India Limited, stated "This collaboration marks another defining milestone for Goodluck India Ltd, and also for the broader vision of indigenous aerospace excellence. Our partnership with BrahMos Aerospace and Axiscades is rooted in a shared commitment to innovation, national security, and self-reliance. By bringing together our proven strengths in defence-grade manufacturing and engineering, we are poised to play a critical role in one of India's most ambitious and strategic defence programmes. The AMCA is more than an aircraft - it is a symbol of India's technological sovereignty, and we are honoured to contribute to its realisation."

Shares of AXISCADES Technologies Limited was last trading in BSE at Rs. 1596.65 as compared to the previous close of Rs. 1646.80. The total number of shares traded during the day was 9472 in over 872 trades.

The stock hit an intraday high of Rs. 1694.90 and intraday low of 1578.90. The net turnover during the day was Rs. 15404621.00.

Shares of Goodluck India Limited was last trading in BSE at Rs. 1272.35 as compared to the previous close of Rs. 1257.05. The total number of shares traded during the day was 66911 in over 4288 trades.

The stock hit an intraday high of Rs. 1293.90 and intraday low of 1251.25. The net turnover during the day was Rs. 85810834.00.

Source : Equity Bulls

Keywords

AXISCADESTechnologies INE555B01013 GoodluckIndia INE127I01024 BrahMosAerospaceThiruvananthapuram MoU DRDO AMCAProgramme