MoD seals contracts worth over Rs 53,000 crore to procure 8 warships for Navy

Defence Ministry signs ₹53,866-crore contracts for 8 indigenously built warships

Of the eight Next Generation Corvettes to be built for the Indian Navy, Garden Reach Shipbuilders & Engineers will construct five and Goa Shipyard Limited three

Defence Ministry signs agreements worth over Rs 54k crore to buy 8 next generation corvettes for navy

New Delhi: The Defence Ministry on Monday signed agreements worth nearly Rs 54,000 crore with two leading Indian shipbuilders for constructing eight next generation corvettes that will boost the Indian Navy's coastal defence ability and launch fast strike missions. Five of these warships will be…

Defence ministry signs Rs 53,866 crore deal for eight indigenous Navy corvettes

Ministry of Defence inks mega deal for eight home-grown stealth corvettes

NEW DELHI: The Ministry of Defence (MoD) Monday signed contracts worth Rs 53,866.50 crore for eight Next Generation Corvettes (NGCs). The multi-role stealth warships are built to fight in the air, on the surface and under water, unlike the ageing single-role missile corvettes they will replace. The…

In a first, MoD awards ₹53,866 cr indigenous corvette contracts to GRSE & GSL via competitive bidding

The Garden Reach Shipbuilders & Engineers Limited (GRSE) will construct five corvettes, while GSL the remaining three, said the MoD

Defence ministry signs Rs 53,866 crore contracts for eight Navy corvettes

The defence ministry has signed contracts worth Rs 53,866 crore with two state-run shipbuilders to procure eight warships for the Indian Navy. The agreements with Garden Reach Shipbuilders and Engineers Limited and Goa Shipyard Limited cover eight Next Generation Corvettes. GRSE will construct five…

India signs Rs 53,866 Cr deal for 8 next-gen navy warships

The Defence Ministry signed Rs 53,866.50 crore contracts with GRSE and GSL for eight Next Generation Corvettes. Defence Secretary Rajesh Kumar Singh attended the signing ceremony in New Delhi. Garden Reach Shipbuilders & Engineers Limited will construct five corvettes. Goa Shipyard Limited will…

Defence Ministry signs Rs 53,866 crore deal with GRSE, GSL for 8 next-gen Navy warships

New Delhi, Nov 2: The Defence Ministry has signed contracts worth Rs 53,866.50 crore with Garden Reach Shipbuilders & Engineers Limited (GRSE) and Goa Shipyard Limited (GSL) for acquisition of eight Next Generation Corvettes (NGCs) for the Indian Navy, according to an official statement on…

Ministry of Defence signs Rs 53,866 crore deal with GRSE, GSL to procure 8 warships for Navy

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) to procure eight warships for the Indian Navy. Under the contract, the ministry will acquire eight Next Generation Corvettes (NGCs) for the…

Rs 53,866 crore, 8 new warships: India signs major Navy deal

India signs ₹53,866-crore deal to build 8 advanced warships for Navy

The Defence Ministry has signed Rs 53,866.50-crore contracts with GRSE and Goa Shipyard to build eight advanced warships for the Indian Navy, with the project expected to generate 532 lakh person-days of employment.

Defence ministry signs ₹53,867 crore deals for 8 next-generation Navy corvettes

The corvettes will be equipped with modern capabilities, including advanced missiles, weapons and sensor suites