Navy Orders Eight Next-Generation Corvettes in ₹53,866.5 Crore Shipbuilding Deal
The Defence Ministry has signed contracts with GRSE and Goa Shipyard for eight next-generation corvettes designed by the Indian Navy.
The Ministry of Defence has signed contracts worth ₹53,866.5 crore with Garden Reach Shipbuilders & Engineers and Goa Shipyard for eight next-generation corvettes for the Indian Navy.
Garden Reach Shipbuilders & Engineers will build five vessels and Goa Shipyard will build three. The ministry said the programme is the first in which the Navy has designed the ships while defence public-sector shipyards were chosen through a competitive process.
The planned corvettes are to carry missiles, weapons and sensor suites for missions across air, surface and sub-surface domains. The ministry said the ships are intended to support maritime-route protection, anti-surface and anti-submarine operations, coastal defence, surveillance and littoral operations.
Beyond fleet capability, the order is also a substantial industrial programme. The ministry estimates that the build will create about 72 lakh person-days of work in the shipyards and 460 lakh person-days in ancillary industries and MSMEs over the next decade.
