India Signs ₹53,866.50 Crore Contracts for Indigenous Warships
India’s defence ministry signed contracts with public-sector shipyards to build indigenously designed next-generation corvettes capable of multi-domain warfare.
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04:22:13 AM UTC
SquawkNews
Shares of Garden Reach Shipbuilders and Engineers (GRSE) rose over 4% on Tuesday morning after the Defence Ministry announced contracts worth Rs 53,866 crore with the state-run shipbuilder and Goa Shipyard Limited (GSL) for the construction of eight next-generation warships for the Indian Navy.The…
Manu Pubby New Delhi: The defence ministry has signed contracts worth 53,866.50 crore for the construction of indigenously designed next-generation corvettes (NGCs) that will be capable of multi-domain warfare. The contracts have been signed with public sector shipyards, Garden Reach Shipbuilders…