Central Government of India

Aatmanirbhar Bharat: MoD inks Rs 53,866.50 crore contracts with GRSE & GSL for 8 Next Generation Corvettes for Indian Navy

The Defence Ministry has signed ₹53,866.50 crore contracts with GRSE and GSL to build eight Next Generation Corvettes for the Navy—five by GRSE and three by GSL. Navy-designed and indigenously built, the project is expected to generate 72 lakh shipyard and 460 lakh ancillary-industry person-days over 10 years.

Original Press Release

This is an automated summary of a public document. Always check the original before relying on it.