Warship Under Make in India

June 26, 2019 – The Government has taken initiatives in construction of warship under the “Make in India”. Major shipbuilding projects in respect to Indigenous Aircraft Carrier, Frigates, Submarines, Destroyers, Corvettes, Naval Offshore Patrol Vessels etc., are at various stages of execution at different Indian shipyards. The Navy designs most of its weapon intensive warships in-house and gets them built…

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MOD signs contract with GRSE for supply of four survey vessels for Indian Navy

October 30, 2018 – Ministry of Defence has awarded contract for design, construction and supply of four Survey Vessels for Indian Navy to Garden Reach Shipbuilders & Engineers (GRSE) Limited, Kolkata after it became successful bidder in the competitive bidding. The contract was signed between Ministry of Defence and GRSE here today. The contract was signed by Joint Secretary &…

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Shipbuilding Financial Assistance Policy: Shipping Ministry launches revamped software and updated guidelines to facilitate implementation

To promote Government of India’s ambitious ‘Make in India’ program and to encourage domestic shipbuilding by providing a level playing field vis-a-vis foreign shipyards, the Government had approved the Shipbuilding Financial Assistance Policy for Indian Shipyards in December 2015. This policy provides Rs. 4000 Crores financial assistance to shipyards for 10 years for contracts secured between 01.04.2016 and 31.03.2026 (including…

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