GRSE Signs ₹32,000 Cr Contract for 5 Next Gen Corvettes

Garden Reach Shipbuilders & Engineers Ltd. (GRSE) has signed a contract with the Indian Navy for the construction of five Next Generation Corvettes (NGCs). The contract is valued at approximately ₹32,000 crore. GRSE had emerged as the lowest bidder (L1) for this project. These NGCs will be 127 meters long, 17.6 meters in beam, with a deadweight tonnage of 4,950 tonnes, and will feature advanced capabilities, sensors, and weapons systems. This deal significantly strengthens India's indigenous warship-building capabilities and GRSE's position in defence manufacturing.