
GRSE’s Growth Momentum Fuels Optimism for Shipbuilding Expansion
Garden Reach Shipbuilders & Engineers Ltd (GRSE) forecasts significant growth in shipbuilding, fueled by strong defense procurement and government backing. The company recently delivered its 110th ship and secured the L1 bid for the ₹25,000-crore Corvette program, enhancing its order backlog and expanding ship repair operations and non-defense divisions.