Garden Reach Shipbuilders & Engineers Ltd (GRSE) and Hindustan Shipyard Limited (HSL) have entered into a Memorandum of Understanding to jointly pursue a large, strategically important shipbuilding programme of national significance. The collaboration is aimed at building advanced maritime platforms that will strengthen India’s shipbuilding ecosystem and enhance long-term maritime capability.
The agreement was signed by Cdr Shantanu Bose, IN (Retd), Director (Shipbuilding), GRSE, and Capt Ganti Venkateswarlu, IN (Retd), Officiating Chairman & Managing Director, HSL, in the presence of senior leadership from both organisations. The consortium model is expected to combine the technical depth, infrastructure, and execution strengths of the two public-sector shipyards, supporting India’s broader objectives of self-reliance and indigenous defence manufacturing.
GRSE, a Defence Public Sector Undertaking under the Ministry of Defence and a Schedule ‘A’ Mini Ratna Category I company, traces its origins to 1884 and was taken over by the Government of India in 1960. It holds the distinction of building independent India’s first warship, INS Ajay, and has delivered more than 800 platforms to date, including 115 warships for the Indian Navy, Indian Coast Guard, and friendly foreign nations. Its portfolio spans frigates, corvettes, fleet tankers, landing ships, patrol vessels, and fast attack craft, alongside diversified engineering offerings such as prefabricated steel bridges, deck machinery, marine engine services, and naval gun systems.
With four operational shipyards, the ability to construct up to 28 ships concurrently, and strong in-house design supported by advanced digital tools and virtual reality facilities, GRSE continues to expand its capabilities. The shipyard has received multiple national accolades for performance, innovation, and design excellence, reinforcing its long-standing commitment to quality and operational excellence in shipbuilding.