Kolkata: Taking another significant step towards strengthening India’s shipbuilding capabilities through collaborative participation, Garden Reach Shipbuilders & Engineers (GRSE) Ltd and Hindustan Shipyard Limited (HSL) signed a Memorandum of Understanding (MoU) on February 09, 2026, to form a consortium aimed at undertaking a large-scale, strategically significant national shipbuilding programme.
The partnership envisages the construction of advanced maritime platforms and is expected to contribute to the enhancement of the country’s maritime infrastructure, technological self-reliance, and long-term operational capabilities.
The MoU was signed by Cdr Shantanu Bose, IN (Retd.), Director (Shipbuilding), GRSE and Capt Ganti Venkateswarlu, IN (Retd.), Officiating Chairman and Managing Director, HSL, in the presence of senior officials from GRSE and HSL.
This collaboration is expected to leverage the complementary strengths of both shipyards and further reinforce the national vision of enhancing indigenous maritime capability and self-reliance in shipbuilding.
