As Indian shipbuilding advances, DNV collaborates with shipyards like Cochin and GRSE, evolving from classification services to a comprehensive model emphasizing digitalization and green practices. Recent partnerships focus on alternative fuels and innovative designs. This shift facilitates local yards in meeting global standards and enhances competitiveness in the international market.
On September 9, 2026, India launched the Ocean Research Vessel (ORV Sagar Manthan) at Rishi Bankim Shipyard in Kolkata, marking a pivotal moment in maritime technology. Inaugurated by Dr. Jitendra Singh, this state-of-the-art vessel represents India’s commitment to self-reliance in oceanographic research, set to replace the aging ORV Sagar Kanya.
Garden Reach Shipbuilders & Engineers (GRSE) Ltd. has strengthened its technological capabilities by signing a memorandum of understanding with Damen Technical Cooperation B.V. at the SMM Hamburg Maritime Trade Fair. This collaboration focuses on advanced dredger design and construction, enhancing GRSE’s competitiveness in the global dredging market while addressing India’s growing needs.
Garden Reach Shipbuilders & Engineers Ltd. (GRSE) has secured a Notification of Award from ONGC for constructing four Platform Supply Vessels (PSVs). This project, dated July 30, 2026, enhances GRSE’s shipbuilding capabilities with advanced, environmentally-friendly designs. The vessels will utilize hybrid propulsion for efficient offshore logistics support.
Garden Reach Shipbuilders and Engineers (GRSE) Ltd has taken a noteworthy step in global commercial shipbuilding by laying the keel for its fourth vessel in the Multi-Purpose Vessel (MPV) project. This milestone reflects GRSE’s commitment to the “Make in India, Make for the World” initiative, enhancing its international presence.
The Indian Register of Shipping (IRS) has awarded a Type Approval Certificate to Garden Reach Shipbuilders & Engineers Limited (GRSE) for Hull and Line Valves intended for defense and commercial vessels. Made from Nickel Aluminium Bronze and Stainless Steel, these valves meet rigorous marine standards, enhancing India’s self-reliance in maritime manufacturing.
On May 18, 2026, at the “International Day for Women in Maritime Excellence” event in Kolkata, GRSE’s Aparajita Ghosh and Debjani Sen were honored for their significant contributions to the maritime sector. Their achievements highlight the critical role of women in enhancing shipbuilding and corporate management in India.
Garden Reach Shipbuilders & Engineers Limited (GRSE) reported impressive financial results for FY26, achieving a revenue of ₹7,002 crore and a 42% increase in profit after tax, totaling ₹748 crore. Chairman Cmde PR Hari noted the delivery of eight warships, emphasizing GRSE’s operational strengths and commitment to future growth and innovation.
Garden Reach Shipbuilders & Engineers Ltd. (GRSE) achieved notable recognition at the 15th PSE Conclave & Excellence Awards in New Delhi. Cmde PR Hari, IN (Retd.), received the ‘CMD of the Year’ award for his leadership. GRSE was also honored for its Corporate Governance, CSR, and operational excellence, highlighting its commitment to sustainable growth and inclusivity.
Garden Reach Shipbuilders & Engineers (GRSE) and Hindustan Shipyard Limited (HSL) have formed a consortium through a memorandum of understanding (MoU) to enhance India’s shipbuilding capabilities. Signed in Kolkata, this collaboration aims to develop maritime platforms and promote technological self-reliance, significantly advancing India’s naval infrastructure and indigenous shipbuilding efforts.
In a significant step to boost India’s maritime capabilities, Garden Reach Shipbuilders & Engineers Ltd. (GRSE) has signed a Memorandum of Understanding with the Andhra Pradesh Maritime Board. This partnership aims to enhance maritime infrastructure, develop a Greenfield shipyard, and promote indigenous manufacturing, aligning with the “Atmanirbhar Bharat” initiative.
Garden Reach Shipbuilders and Engineers (GRSE) Ltd has begun constructing a state-of-the-art Acoustic Research Ship for the Naval Physical and Oceanographic Laboratory under DRDO. The keel-laying ceremony featured Dr. Sameer V. Kamat, DRDO Chairman. This advanced vessel will aid in acoustic and oceanographic research, enhancing GRSE’s collaboration with the Indian Navy.
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.
Garden Reach Shipbuilders & Engineers Ltd (GRSE) has signed a Memorandum of Understanding with Germany’s Reintjes GmbH to enhance marine propulsion technology. This partnership will integrate advanced gear trains with select ship engines, improving efficiency for both defense warships and commercial vessels, thus solidifying GRSE’s commitment to innovation in shipbuilding.
Garden Reach Shipbuilders and Engineers (GRSE) is poised to launch a greenfield shipbuilding facility near Kolkata to meet the growing demand in defense and commercial sectors. With an enhanced capacity to construct 24 ships simultaneously, GRSE plans to boost production to 28 ships by 2025, strengthening its position in the maritime industry.
