On 2 November 2026, India’s Ministry of Defence signed contracts with Garden Reach Shipbuilders & Engineers (GRSE) and Goa Shipyard Limited (GSL) to build eight Next-Generation Corvettes for the Indian Navy. Valued at INR538.67 billion (approximately US$5.7 billion), the programme will see GRSE construct five vessels and with the remaining three assigned to GSL. The […]
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