Aatmanirbhar Bharat: MoD inks Rs 53,866.50 crore contracts with GRSE & GSL for 8 Next Generation Corvettes
for Indian Navy
प्रवि ष्टि ति थि : 02 NOV 2026 11:53AM by PIB Delhi
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 in safeguarding maritime trade routes, conducting
anti-surface and anti-submarine warfare operations, strengthening coastal defence,
undertaking littoral combat operations, and carrying out maritime presence and
surveillance missions.
The NGC project will provide a significant impetus to India’s indigenous shipbuilding
ecosystem by strengthening collaboration among DPSUs, private shipyards and Indian
industrial partners, including MSMEs. The construction of these ships is expected to
generate approximately 72 lakh person-days of employment in the shipyards and 460
lakh person-days in ancillary industries and MSMEs over the next ten years.
By promoting the use of Made-in-India materials and equipment, indigenous
technologies, and Indian skills and expertise, the project represents a major step towards
achieving Aatmanirbharta in defence manufacturing and reinforces Prime Minister Shri
Narendra Modi-led Government’s commitment to Make-in-India.
11/2/26, 4:15 PM Press Release Page | Press Information Bureau
https://www.pib.gov.in/PressReleasePage.aspx?PRID=2331418®=48&lang=2 1/2
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