Defence ministry backs shipbuilding, manufacturing
The Indian Defence Ministry has approved the expansion of shipbuilding and defence manufacturing capacities through five brownfield projects at Garden Reach Shipbuilders & Engineers Ltd. (GRSE) and Yantra India Limited (YIL) in Kolkata, West Bengal. The initiative aligns with the government's Make in India campaign, aiming to bolster domestic production and bolster operational infrastructure for the maritime forces and strategic sectors.
The foundation ceremonies for these projects were conducted simultaneously at various GRSE and YIL sites, including Raichak, which will be a major shipbuilding hub with an investment of over Rs 2,500 crore. The expansion includes a 200-metre dry dock, slipway, and block fabrication units capable of constructing warships up to 200 meters and commercial vessels up to 60,000 DWT.
Brief written by urgent.news from The Economic Times's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
