The Ministry of Defence has signed contracts worth Rs 53,866.50 crore with Garden Reach Shipbuilders & Engineers Limited (GRSE) and Goa Shipyard Limited (GSL) for the acquisition of eight Next Generation Corvettes (NGCs) for the Indian Navy. The contracts were inked in the presence of Defence Secretary Shri Rajesh Kumar Singh at Kartavya Bhawan-2, New Delhi, on November 02, 2026.
Under the contracts, GRSE will construct five corvettes, while GSL will construct the remaining three. The project marks a significant milestone in India’s indigenous warship design and construction capabilities, as it is the first project in which the ships will be indigenously designed by the Indian Navy and constructed by Defence Public Sector Undertakings (DPSUs) selected through a competitive process.
The NGCs will be equipped with state-of-the-art capabilities, including advanced missiles, weapons and sensor suites, enabling them to undertake missions across the air, surface and sub-surface domains. The induction of these ships will significantly enhance the Indian Navy’s operational capabilities
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