GRSE's hover crafts are suitable for amphibious operations. Till the date of this DRHP, the company has delivered a total of six (6) hover crafts to the Indian Coast Guard, of which the first two (2) hover crafts were imported from UK in fully assembled condition. The remaining 4 hover crafts were imported in completely knocked down kit and we assembled them. Due to inadequate demand for hover crafts in the Indian market GRSE decided to discontinue with further efforts to indigenize hover craft building. However, GRSE has been providing assistance to Indian Coast Guard for repair and maintenance of these hovercrafts (through annual maintenance contracts), to keep them operational.