Garden Reach Shipbuilders

GRSE Gears Up for Massive Expansion With New Navy Orders and Export Ambitions

2025-06-17 Niranjan Ghatule

Garden Reach Shipbuilders & Engineers (GRSE) is set for a major expansion, increasing its shipbuilding capacity from 24 to 28 ships. With multiple Indian Navy orders in the pipeline, a potential ₹500 crore export target by 2029, upcoming deals for new covid class ships, and strong global export ambitions targeting South Asia, Germany, and Belgium

Garden Reach signs contract with Geological Survey of India (GSI) for two coastal research vessels

2025-06-11 Niranjan Ghatule

GRSE signs a major contract with GSI for two Coastal Research Vessels, further strengthening its research ship portfolio, but stock still trades 5% lower