MoU9 Feb 2026, 04:27 pm
GRSE and HSL Sign MoU to Form Consortium for Strategic National Shipbuilding Programme
AI Summary
Garden Reach Shipbuilders & Engineers (GRSE) Ltd and Hindustan Shipyard Limited (HSL) have signed a Memorandum of Understanding (MoU) to form a consortium for undertaking a large-scale, strategically significant national shipbuilding programme. The partnership aims to construct advanced maritime platforms, enhance the country’s maritime infrastructure, technological self-reliance, and long-term operational capabilities. The MoU was signed by Cdr Shantanu Bose, IN (Retd.), Director (Shipbuilding), GRSE and Capt Ganti Venkateswarlu, IN (Retd.), Officiating Chairman & Managing Director, HSL, in the presence of senior officials from both companies.
Key Highlights
- GRSE and HSL sign MoU to form a consortium for large-scale national shipbuilding programme.
- Collaboration aims to construct advanced maritime platforms and enhance the country’s maritime infrastructure, technological self-reliance, and long-term operational capabilities.
- The MoU was signed by Cdr Shantanu Bose, IN (Retd.), Director (Shipbuilding), GRSE and Capt Ganti Venkateswarlu, IN (Retd.), Officiating Chairman & Managing Director, HSL.
- GRSE has built over 800 platforms, including 115 warships for Indian Navy, Indian Coast Guard, and friendly foreign countries.
- GRSE has diversified into engineering business with a product profile of pre-fabricated steel bridges, various deck machinery items and assembly, testing & overhauling of marine diesel engines and the manufacture of 30mm Naval Surface Guns.