SECTOR
Garden Reach Shipbuilders gets nod for capital budgetary outlay of Rs 2896 crore
Sep-22-2026

Garden Reach Shipbuilders & Engineers has received approval for capital budgetary outlay of Rs 2896 crore for construction of a Greenfield Shipyard at Raichak for enhancing the ship building capacity of GRSE in both the Naval and Commercial segments. The Board of Directors of the company at their meeting held on September 21, 2026 has, inter-alia, approved the same. 

Garden Reach Shipbuilders & Engineers is a ship-building company in India under the administrative control of the Ministry of Defence (MoD) and primarily adheres to the shipbuilding requirements of the Indian Navy and the Indian Coast Guard.


  RELATED NEWS >>