ReferIndia News GRSE upbeat on shipbuilding growth, eyes Rs 25,000-cr corvette order

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GRSE upbeat on shipbuilding growth, eyes Rs 25,000-cr corvette order

Published on: Aug. 27, 2025, 4:17 p.m. | Source: The Economic Times

Garden Reach Shipbuilders and Engineers Limited shows strong prospects. The company is pursuing shipbuilding orders. GRSE delivered its 110th warship to the Navy. It is the lowest bidder for Navy's New Generation Corvette program. The company is strengthening its ship repair business. GRSE created a Commercial Shipbuilding Division. Revenue from operations rose 41 per cent.

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