In Brief
- The Defence Ministry signed contracts worth ₹53,866 crore for eight warships.
- This supports the Indian Navy's modernisation with indigenous shipbuilding.
- Garden Reach Shipbuilders to build five Next Generation Corvettes.
- Goa Shipyard Limited to build three Next Generation Corvettes.
The Ministry of Defence has formalised contracts valued at ₹53,866 crore to procure eight Next Generation Corvettes (NGCs) for the Indian Navy. This contract marks a significant step in the Navy's efforts to enhance its operational capabilities with modern, indigenously built warships.
Under the agreement, Garden Reach Shipbuilders & Engineers Limited (GRSE) will construct five of the corvettes, while Goa Shipyard Limited (GSL) will be responsible for building the remaining three vessels. Both shipyards are established public sector undertakings with extensive experience in naval ship production.
The NGCs are projected to feature advanced stealth and combat systems suited for multi-role operations in coastal and offshore environments. This development underscores the Indian government's commitment to self-reliance in defence manufacturing and the Navy’s strategic vision to modernize its fleet.
The contracts are a part of a broader defence procurement strategy aimed at reducing foreign dependency and bolstering domestic defence industries. The delivery timelines and detailed specifications of these vessels have not been disclosed.
