PRESS RELEASE

A Birthday Boost for Indian Navy - GRSE delivers "Largest Ever Survey Vessel to be built in the Country - INS Sandhayak" on the Navy Day 2023

Kolkata, 04 Dec 2023: Garden Reach Shipbuilders and Engineers (GRSE) Ltd, achieved yet another milestone on Monday, 04 December 2023, by delivering the INS Sandhayak - the largest survey vessel ever built in India and first in the series of four Survey Vessels (Large) being built by it - to the Indian Navy. INS Sandhayak (Yard 3025) was launched by Smt Pushpa Bhatt, wife of Shri Ajay Bhatt, Hon'ble Raksha Rajya Mantri, on 05 December 2021.

The Protocol of delivery and acceptance was signed between Cmde PR Hari, IN (Retd.), Chairman & Managing Director, GRSE and Commanding Officer of the vessel, Cmde R M Thomas, in the presence of Rear Admiral Nelson D'Souza, NM, CSO (Tech), Shri R K Dash, Director (Finance), Cdr S Bose, IN (Retd), Director (Shipbuilding) and DIG S Ghosh, ICG (Retd), Director (Personnel) and other Senior Officials of GRSE and Indian Navy.

What makes the event more significant is the fact that the Indian Navy celebrates December 4 as the Navy Day. GRSE has partnered with the Indian Navy for the last 62 years after delivery of the first indigenously-built warship INS Ajay in 1961. Since then, GRSE has delivered 70 more warships to the Indian Navy.

Delivery of a 110-metre-long warship of the quality of the INS Sandhayak is no mean feat, particularly when no platform of its kind has ever been built in India. What is remarkable is that GRSE continued to work on this ship even during the pandemic years.

The INS Sandhayak is the lead vessel in a series of four Survey Vessels (Large) or SVLs and is actually the reincarnation of another ship by that name.That ship - also a survey vessel - was commissioned into the Indian Navy in 1981 and decommissioned in 2021. The new INS Sandhayak and the remaining ships of the series are far more advanced than their predecessors that have all been decommissioned.

These survey ships are capable of full-scale coastal and deep-water hydrographic survey of port and harbour approaches as well as the determination of navigation channels and routes. In addition, the Sandhayak-class of SVLs can undertake surveys of maritime limits and collection of oceanographic and geographical data for defence applications. Such data adds muscle to India's maritime capabilities. These ships can also carry a helicopter each, participate in low-intensity combat and function as hospital ships. They can also be used for Humanitarian Assistance and Disaster Relief operations.

Propelled by two marine diesel engines combined with fixed-pitch propellers and fitted with bow and stern thrusters to help the ships manoeuvre at low speeds during surveys, they are ideally suited to carry out their designated operations. Fully designed by GRSE's Design Team to meet the requirements of the Indian Navy, the INS Sandhayak was built using 'Integrated Construction' technology. This was in compliance with applicable provisions and regulations of the Classification Society (IRS).

Cmde P R Hari IN (Retd), Chairman and Managing Director, GRSE, lauded the effort put in by Team GRSE, the Indian Navy and all the other stakeholders and said "We are proud to deliver this ship on the Navy Day and we are confident to deliver the balance three ships of the SVL project as per the committed timelines".

At the moment, GRSE is building 18 more warships for the Indian Navy, including three 17A Advanced Frigates, eight Anti-Submarine Warfare Shallow Water Craft and four Next Generation Offshore Patrol Vessels.

DELIVERY OF INS SANDHAYAK INS SANDHAYAK INSIDE OF INS SANDHAYAK

Press Coverage : Prabhat Khabar, 02 Dec 23 : GRSE Hosts First-Ever National-Level QCC Competition for Defence PSUs

Press Coverage : Prabhat Khabar, 02 Dec 23 : GRSE Hosts First-Ever National-Level QCC Competition for Defence PSUs

Press Coverage : The Maritime Economy, 01 Dec 23 : GRSE takes Major Step towards Building Green Electric Tugs

Press Coverage : The Maritime Economy, 01 Dec 23 : GRSE takes Major Step towards Building Green Electric Tugs
Press Coverage : The Maritime Economy, 01 Dec 23 : GRSE takes Major Step towards Building Green Electric Tugs

Press Coverage : The Indian Express, 01 Dec 23 : GRSE Triumphs at PRSI National Awards 2023

Press Coverage : The Indian Express, 01 Dec 23 : GRSE Triumphs at PRSI National Awards 2023

Press Coverage : PIB, 01 Dec 23 : GRSE Hosts First-Ever National-Level QCC Competition for Defence PSUs

Press Coverage : PIB, 01 Dec 23 : GRSE Hosts First-Ever National-Level QCC Competition for Defence PSUs
Press Coverage : PIB, 01 Dec 23 : GRSE Hosts First-Ever National-Level QCC Competition for Defence PSUs

PRESS RELEASE

GRSE Hosts First-Ever National-Level QCC Competition for Defence PSUs

Kolkata, 29 Nov 2023: Promoting excellence and innovation in Defence Manufacturing while fostering synergy among all Defence PSUs, Garden Reach Shipbuilders & Engineers Ltd. (GRSE), a leading Indian shipyard, in association with the Society of Defence Technologists (SODET), organized the first-of-its-kind national level "Quality Concepts Circle (QCC) Competition - 2023" from November 28th to 29th, 2023, at the GRSE Main Unit in Kolkata. Twenty-five Quality Circle (QC) teams representing various Defence Public Sector Undertakings including BEL, HAL, HSL, GSL, MDL, BDL, GRSE, DGQA & DGAQA participated in this historic event.

The competition theme, "Innovation, Indigenisation, and Quality - The Future of Nation," underscores the industry's commitment to advancing technological innovation, promoting self-reliance, and maintaining the highest standards of quality in defence production in India.

Director, Indian Maritime University, Kolkata Campus, Rear Admiral (Dr.) Rangachari PJ, IN(Retd.), graced the event as the Chief Guest, adding significance to the occasion. The event witnessed the presence of Cmde PR Hari, IN(Retd.), Chairman & Managing Director, GRSE, Shri RK Dash, Director (Finance), Cdr Shantanu Bose, IN(Retd.), Director (Shipbuilding), GRSE, DIG Subrato Ghosh, ICG(Retd.), Director (Personnel), GRSE, Shri N Ravindra, Secretary General, SODET and senior officials from GRSE and other DPSUs.

17 QC teams were honoured at the Award ceremony, with GOLD Award and 8 QC teams received the SILVER Award. The QCC Competition served as a platform for sharing best practices, promoting collaboration, and enhancing the overall quality standards in the Defence Manufacturing sector. The competition comprised insightful presentations, discussions, and interactive sessions, allowing participating teams to showcase their innovative solutions and quality improvement initiatives. Topics covered ranged from process optimization to technological advancements in the field of defence production.

Director IMU, Kolkata Campus, Rear Admiral (Dr.) Rangachari PJ, IN(Retd.), mentioned that essentially, Quality is all about people contributing to the system, to the organization and is also about whether they have been empowered to find that expression. Quality also demands that the employees are involved completely in the entire process, for achieving the organisation's objectives and going beyond the customer's expectations. Admiral Rangachari PJ, commended the participating teams and mentioned that each one would go back and find a place in the scheme of things in whichever areas they were contributing to, in their organisations'. Empowerment and motivation through proper leadership become an important dimension for ensuring quality, he added.

CMD, GRSE, Cmde PR Hari, IN(Retd.), was happy to note that 25 teams from 08 DPSUs had taken part in this GRSE-hosted event. He mentioned that the theme of the first-ever National Level QCC 2023, was most apt, considering the present environment where the entire nation is striving towards achieving 100% Atmanirbharta.

GRSE hosts QCC 2023 QCC Competition 2023

Press Coverage : Prabhat Khabar, 29 Nov 23 : GRSE Triumphs at PRSI National Awards 2023 : Secures Excellence in Five Distinct Categories

Press Coverage : Prabhat Khabar, 29 Nov 23 : GRSE Triumphs at PRSI National Awards 2023 : Secures Excellence in Five Distinct Categories

Press Coverage : Chapte Chapte, 29 Nov 23 : GRSE Triumphs at PRSI National Awards 2023 : Secures Excellence in Five Distinct Categories

Press Coverage : Chapte Chapte, 29 Nov 23 : GRSE Triumphs at PRSI National Awards 2023 : Secures Excellence in Five Distinct Categories

Press Coverage : Aviation & Defence Universe, 28 Nov 23 : GRSE Triumphs at PRSI National Awards 2023 : Secures Excellence in Five Distinct Categories

Press Coverage : Aviation & Defence Universe, 28 Nov 23 : GRSE Triumphs at PRSI National Awards 2023 : Secures Excellence in Five Distinct Categories
Press Coverage : Aviation & Defence Universe, 28 Nov 23 : GRSE Triumphs at PRSI National Awards 2023 : Secures Excellence in Five Distinct Categories

Press Coverage : News Patroling, 28 Nov 23 : GRSE Triumphs at PRSI National Awards 2023 : Secures Excellence in Five Distinct Categories

Press Coverage : News Patroling, 28 Nov 23 : GRSE Triumphs at PRSI National Awards 2023 : Secures Excellence in Five Distinct Categories
Press Coverage : News Patroling, 28 Nov 23 : GRSE Triumphs at PRSI National Awards 2023 : Secures Excellence in Five Distinct Categories

Press Coverage : News Mantra, 28 Nov 23 : GRSE Triumphs at PRSI National Awards 2023 : Secures Excellence in Five Distinct Categories

Press Coverage : News Mantra, 28 Nov 23 : GRSE Triumphs at PRSI National Awards 2023 : Secures Excellence in Five Distinct Categories
Press Coverage : News Mantra, 28 Nov 23 : GRSE Triumphs at PRSI National Awards 2023 : Secures Excellence in Five Distinct Categories

PRESS RELEASE

GRSE Triumphs at PRSI National Awards 2023: Secures Excellence in Five Distinct Categories

Kolkata, 27 Nov 2023: Garden Reach Shipbuilders and Engineers (GRSE) Ltd, a premier warship builder, bagged awards for five distinct categories at the Public Relations Society of India (PRSI) National Awards 2023, showcasing its commitment to excellence across various domains. DIG Subrato Ghosh, ICG(Retd.), Director (Personnel), GRSE, received the awards from Swami Chidanand Saraswati at an award function held at Dr BR Ambedkar International Convention Centre, Janpath, New Delhi on 25 Nov 23.

GRSE's exceptional craftsmanship earned it the PRSI National Award for its outstanding Coffee Table Book, while its commitment to Corporate Social Responsibility led to the title of "Best PSU for Implementing CSR." Acknowledgment for the "Best PSU for Childcare Project" highlighted GRSE's dedication to community welfare, and its strides in self-reliance aligned with the GoI's Aatmanirbhar Bharat initiative earned the "Best Organisational Effort in Aatmanirbhar Bharat" award. Additionally, the company's innovative contributions to R&D in Defence were recognized with the PRSI National Award for "New R&D Efforts in Defence Sector." These accolades underscore GRSE's excellence and substantial contributions across diverse domains.

The Public Relations Society of India (PRSI) Awards is an annual recognition program that acknowledges outstanding achievements in the field of public relations and corporate communications. The awards celebrate excellence in various categories, including communication campaigns, publications, CSR initiatives, and organizational efforts contributing to societal welfare.

Director(Personnel) GRSE DIG Subrato Ghosh ICG (Retd) recieving the Awards from Swami Chidanand Saraswati

Press Coverage : The Echo of India, 26 Nov 23 : GRSE adopts major initiative towards building "Green" Electric Tugs

Press Coverage : The Echo of India, 26 Nov 23 : GRSE adopts major initiative towards building

Press Coverage : The Indian Express, 24 Nov 23 : Major Step Towards Building "Green" Electric Tugs - GRSE

Press Coverage : The Indian Express, 24 Nov 23 : Major Step Towards Building

Press Coverage : The Free Press Journal, 24 Nov 23 : GRSE signs MOU to develop Electric Tugs

Press Coverage : The Free Press Journal, 24 Nov 23 : GRSE signs MOU to develop Electric Tugs

Press Coverage : Rajasthan Patrika, 24 Nov 23 : GRSE signs MOU to develop Electric Tugs E-Volt 50

Press Coverage : Rajasthan Patrika, 24 Nov 23 : GRSE signs MOU to develop Electric Tugs E-Volt 50

Press Coverage : ET Energy World, 24 Nov 23 : GRSE to develop Electric Tugs E-Volt 50 with partners

Press Coverage : ET Energy World, 24 Nov 23 : GRSE to develop Electric Tugs E-Volt 50 with partners
Press Coverage : ET Energy World, 24 Nov 23 : GRSE to develop Electric Tugs E-Volt 50 with partners

Press Coverage : Business Standard, 24 Nov 23 : Defence Shipyard GRSE to develop Electric Tugs E-Volt 50 with partners

Press Coverage : Business Standard, 24 Nov 23 : Defence Shipyard GRSE to develop Electric Tugs E-Volt 50 with partners
Press Coverage : Business Standard, 24 Nov 23 : Defence Shipyard GRSE to develop Electric Tugs E-Volt 50 with partners

Press Coverage : The New Indian Express, 23 Nov 23 : GRSE achieves another milestone by launching the fourth Anti-Submarine Warfare Shallow Water Craft

Press Coverage : The New Indian Express, 23 Nov 23 : GRSE achieves another milestone by launching the fourth Anti-Submarine Warfare Shallow Water Craft

Press Coverage : The Morning Standard, 23 Nov 23 : GRSE achieves another milestone by launching the fourth Anti-Submarine Warfare Shallow Water Craft

Press Coverage : The Morning Standard, 23 Nov 23 : GRSE achieves another milestone by launching the fourth Anti-Submarine Warfare Shallow Water Craft

Press Coverage : The Economic Times, 23 Nov 23 : GRSE partners with industry leaders to develop Electric Tugs E-Volt 50

Press Coverage : The Economic Times, 23 Nov 23 : GRSE partners with industry leaders to develop Electric Tugs E-Volt 50

Press Coverage : PSU Watch, 23 Nov 23 : GRSE to develop Green Electric Tugs, signs agreement

Press Coverage : PSU Watch, 23 Nov 23 : GRSE to develop Green Electric Tugs, signs agreement
Press Coverage : PSU Watch, 23 Nov 23 : GRSE to develop Green Electric Tugs, signs agreement

Press Coverage : India Blooms News, 23 Nov 23 : GRSE takes major step towards developing Electric Tugs E-Volt 50

Press Coverage : India Blooms News, 23 Nov 23 : GRSE takes major step towards developing Electric Tugs E-Volt 50
Press Coverage : India Blooms News, 23 Nov 23 : GRSE takes major step towards developing Electric Tugs E-Volt 50

Press Coverage : HT Syndication, 23 Nov 23 : GRSE takes major step towards developing Electric Tugs E-Volt 50

Press Coverage : HT Syndication, 23 Nov 23 : GRSE takes major step towards developing Electric Tugs E-Volt 50

Press Coverage : UNI, 23 Nov 23 : Major Step Towards Building "Green" Electric Tugs - GRSE

Press Coverage : UNI, 23 Nov 23 : Major Step Towards Building
Press Coverage : UNI, 23 Nov 23 : Major Step Towards Building

Press Coverage : News Mantra, 23 Nov 23 : Major Step Towards Building "Green" Electric Tugs - GRSE

Press Coverage : News Mantra, 23 Nov 23 : Major Step Towards Building
Press Coverage : News Mantra, 23 Nov 23 : Major Step Towards Building

Press Coverage : PSU Connect, 23 Nov 23 : GRSE signs MOU with Shift Energy to develop Electric Tugs

Press Coverage : PSU Connect, 23 Nov 23 : GRSE signs MOU with Shift Energy to develop Electric Tugs
Press Coverage : PSU Connect, 23 Nov 23 : GRSE signs MOU with Shift Energy to develop Electric Tugs

Press Coverage : North East Herald, 23 Nov 23 : GRSE takes major step towards developing Electric Tugs E-Volt 50

Press Coverage : North East Herald, 23 Nov 23 : GRSE takes major step towards developing Electric Tugs E-Volt 50
Press Coverage : North East Herald, 23 Nov 23 : GRSE takes major step towards developing Electric Tugs E-Volt 50

Press Coverage : Raksha Anirveda, 23 Nov 23 : GRSE to develop "Green" Electric Tugs, signs MOU

Press Coverage : Raksha Anirveda, 23 Nov 23 : GRSE to develop
Press Coverage : Raksha Anirveda, 23 Nov 23 : GRSE to develop

Press Coverage : Zee Business, 23 Nov 23 : GRSE signs MOU with industry partners to develop electric tugs E-VOLT-50

Press Coverage : Zee Business, 23 Nov 23 : GRSE signs MOU with industry partners to develop electric tugs E-VOLT-50
Press Coverage : Zee Business, 23 Nov 23 : GRSE signs MOU with industry partners to develop electric tugs E-VOLT-50

Press Coverage : Republic TV, 23 Nov 23 : GRSE to develop electric tugs E-VOLT 50 with partners

Press Coverage : Republic TV, 23 Nov 23 : GRSE to develop electric tugs E-VOLT 50 with partners
Press Coverage : Republic TV, 23 Nov 23 : GRSE to develop electric tugs E-VOLT 50 with partners

Press Coverage : News Bharati, 23 Nov 23 : GRSE partners with industry leaders to develop electric tugs E-VOLT 50

Press Coverage : News Bharati, 23 Nov 23 : GRSE partners with industry leaders to develop electric tugs E-VOLT 50

Press Coverage : Maritime Gateway, 23 Nov 23 : GRSE to develop Green Electric Tugs

Press Coverage : Maritime Gateway, 23 Nov 23 : GRSE to develop Green Electric Tugs
Press Coverage : Maritime Gateway, 23 Nov 23 : GRSE to develop Green Electric Tugs

Press Coverage : Latestly, 23 Nov 23 : GRSE to develop electric tugs E-VOLT 50 with partners

Press Coverage : Latestly, 23 Nov 23 : GRSE to develop electric tugs E-VOLT 50 with partners
Press Coverage : Latestly, 23 Nov 23 : GRSE to develop electric tugs E-VOLT 50 with partners

Press Coverage : Indian Defence Research Wing, 23 Nov 23 : GRSE partners with industry leaders to develop electric tugs E-VOLT 50

Press Coverage : Indian Defence Research Wing, 23 Nov 23 : GRSE partners with industry leaders to develop electric tugs E-VOLT 50

Press Coverage : Equity Pandit, 23 Nov 23 : Shares Garden Reach Shipbuilders Jum 5% Over Inks MOU to develop Electric Tugboats

Press Coverage : Equity Pandit, 23 Nov 23 : Shares Garden Reach Shipbuilders Jum 5% Over Inks MOU to develop Electric Tugboats
Press Coverage : Equity Pandit, 23 Nov 23 : Shares Garden Reach Shipbuilders Jum 5% Over Inks MOU to develop Electric Tugboats

Press Coverage : Equity Bulls, 23 Nov 23 : GRSE Ltd signs MOU to build Green Electric Tugs

Press Coverage : Equity Bulls, 23 Nov 23 : GRSE Ltd signs MOU to build Green Electric Tugs
Press Coverage : Equity Bulls, 23 Nov 23 : GRSE Ltd signs MOU to build Green Electric Tugs

Press Coverage : Dalal Street, 23 Nov 23 : Rs 23,739 crore order book and FIIs increase stake: This multibagger shipbuilding company signs MOU to develop Electric Tugs; bags new order worth Rs 840 crore

Press Coverage : Dalal Street, 23 Nov 23 : Rs 23,739 crore order book and FIIs increase stake: This multibagger shipbuilding company signs MOU to develop Electric Tugs; bags new order worth Rs 840 crore
Press Coverage : Dalal Street, 23 Nov 23 : Rs 23,739 crore order book and FIIs increase stake: This multibagger shipbuilding company signs MOU to develop Electric Tugs; bags new order worth Rs 840 crore

Press Coverage : CNBC TV18, 23 Nov 23 : Garden Reach Shipbuilders gains 4% on signing MOU to develop to electric tugs

Press Coverage : CNBC TV18, 23 Nov 23 : Garden Reach Shipbuilders gains 4% on signing MOU to develop to electric tugs
Press Coverage : CNBC TV18, 23 Nov 23 : Garden Reach Shipbuilders gains 4% on signing MOU to develop to electric tugs

Press Coverage : B2B Chief, 23 Nov 23 : GRSE partners with industry leaders to develop electric tugs E-VOLT 50

Press Coverage : B2B Chief, 23 Nov 23 : GRSE partners with industry leaders to develop electric tugs E-VOLT 50

Press Coverage : Defence Watch, 22 Nov 23 : In a giant lead towards green shipbuilding, GRSE to develop Electric Tugs E-VOLT 50

Press Coverage : Defence Watch, 22 Nov 23 : In a giant lead towards green shipbuilding, GRSE to develop Electric Tugs E-VOLT 50
Press Coverage : Defence Watch, 22 Nov 23 : In a giant lead towards green shipbuilding, GRSE to develop Electric Tugs E-VOLT 50

PRESS RELEASE

Major Step Towards Building "Green" Electric Tugs - GRSE

Kolkata, 22 Nov 2023: In a major move towards achieving India's goal towards becoming the 'Global Hub for Green Shipbuilding' by 2030, Garden Reach Shipbuilders and Engineers (GRSE) Ltd - one of India's premier defence shipyards - signed a Memorandum of Understanding (MoU) with Shift Clean Energy (Shift), Seatech Solutions International (Seatech) and the American Bureau of Shipping (ABS) on Wednesday, November 22, 2023, to develop Electric Tugs E-VOLT 50. The E-VOLT 50 aims to reduce carbon emissions, improve operational efficiency, and set new benchmarks for performance and environmental sustainability in the tugboat industry.

GRSE which has established itself as a leading defence shipyard in the country, will build the platform based on the design by M/s Seatech with M/s Shift providing the energy storage and ABS would ensure that the construction and design adhere to all applicable regulatory standards, certifying safety, reliability, and compliance.

Highlighting the importance of the MoU, Cmde PR Hari, IN (Retd), Chairman and Managing Director, GRSE said: "We are excited to be part of this groundbreaking collaboration that combines the expertise of GRSE and three industry-leading organisations. "E-VOLT 50" is a bold step towards a cleaner and greener future for the maritime sector. By utilizing sustainable energy solutions and cutting-edge technology, we aim to redefine the standards of performance, efficiency, and environmental stewardship."

GRSE has already made progress towards the building of green vessels. At the moment, the shipyard is building a zero-emission electric ferry for the Government of West Bengal that will have a capacity of 150 passengers. Once commissioned, this ferry promises to redefine passenger services along the Hooghly and other major rivers.

MoU for 50T Electric Tug Signing of MoU for 50T Electric Tug

Press Coverage : Rajasthan Patrika, 19 Nov 23 : 4th Anti-Submarine Warfare Shallow Water Craft "Amini" launched by GRSE

Press Coverage : Rajasthan Patrika, 19 Nov 23 : 4th Anti-Submarine Warfare Shallow Water Craft

Press Coverage : The Millenium Post, 17 Nov 23 : 4th Anti-Submarine Warfare Craft launched by GRSE

Press Coverage : The Millenium Post, 17 Nov 23 : 4th Anti-Submarine Warfare Craft launched by GRSE

Press Coverage : Deccan Chronicle, 17 Nov 23 : Navys 4th sub "Amini" launched by GRSE

Press Coverage : Deccan Chronicle, 17 Nov 23 : Navys 4th sub

Press Coverage : The Asian Age, 17 Nov 23 : Navys 4th sub "Amini" launched by GRSE

Press Coverage : The Asian Age, 17 Nov 23 : Navys 4th sub

Press Coverage : The Hindu Business Line, 17 Nov 23 : Navys "Amini" shallow watercraft launched

Press Coverage : The Hindu Business Line, 17 Nov 23 : Navys

Press Coverage : The Statesman, 16 Nov 23 : Navys 4th anti-submarine warfare craft "Amini" launched

Press Coverage : The Statesman, 16 Nov 23 : Navys 4th anti-submarine warfare craft

Press Coverage : The Indian Express, 17 Nov 23 : Rising Revenue & Profits: Best Ever Financial Performance during Q2 & HY ending 30 Sep 2023 - GRSE

Press Coverage : The Indian Express, 17 Nov 23 : Rising Revenue & Profits: Best Ever Financial Performance during Q2 & HY ending 30 Sep 2023 - GRSE

Press Coverage : The Maritime Economy, 16 Nov 23 : 4th Anti-Submarine Warfare Shallow Craft launched by GRSE

Press Coverage : The Maritime Economy, 16 Nov 23 : 4th Anti-Submarine Warfare Shallow Craft launched by GRSE
Press Coverage : The Maritime Economy, 16 Nov 23 : 4th Anti-Submarine Warfare Shallow Craft launched by GRSE
Press Coverage : The Maritime Economy, 16 Nov 23 : 4th Anti-Submarine Warfare Shallow Craft launched by GRSE

Press Coverage : The Millenium Post, 16 Nov 23 : 4th Anti-Submarine Warfare Craft launched by GRSE

Press Coverage : The Millenium Post, 16 Nov 23 : 4th Anti-Submarine Warfare Craft launched by GRSE

Press Coverage : Press Information Bureau, 16 Nov 23 : Launch of "Amini", 4th ship of ASW SWC (GRSE) Project on 16 Nov 23 at M/s L&T, Katupalli

Press Coverage : Press Information Bureau, 16 Nov 23 : Launch of
Press Coverage : Press Information Bureau, 16 Nov 23 : Launch of

Press Coverage : The Hindu Business Line, 16 Nov 23 : Navys "Amini" shallow watercraft launched

Press Coverage : The Hindu Business Line, 16 Nov 23 : Navys

Press Coverage : The Financial Express, 16 Nov 23 : Launching "Amini" Marks Strides in Indigenous Naval capabilities

Press Coverage : The Financial Express, 16 Nov 23 : Launching Amini Marks Strides in Indigenous Naval capabilities
Press Coverage : The Financial Express, 16 Nov 23 : Launching Amini Marks Strides in Indigenous Naval capabilities

Press Coverage : Rakshak News, 16 Nov 23 : GRSE launches Anti-Submarine Warfare Shallow Watercraft INS Amini

Press Coverage : Rakshak News, 16 Nov 23 : GRSE launches Anti-Submarine Warfare Shallow Watercraft INS Amini
Press Coverage : Rakshak News, 16 Nov 23 : GRSE launches Anti-Submarine Warfare Shallow Watercraft INS Amini

Press Coverage : Zee5, 16 Nov 23 : Navys 4th Anti-Submarine Warfare Craft "Amini" Launched

Press Coverage : Zee5, 16 Nov 23 : Navys 4th Anti-Submarine Warfare Craft
Press Coverage : Zee5, 16 Nov 23 : Navys 4th Anti-Submarine Warfare Craft

Press Coverage : PSU Connect, 16 Nov 23 : GRSE achieves yet another milestone, launches 4th ASWSWC

Press Coverage : PSU Connect, 16 Nov 23 : GRSE achieves yet another milestone, launches 4th ASWSWC
Press Coverage : PSU Connect, 16 Nov 23 : GRSE achieves yet another milestone, launches 4th ASWSWC
Press Coverage : PSU Connect, 16 Nov 23 : GRSE achieves yet another milestone, launches 4th ASWSWC

Press Coverage : NDTV, 16 Nov 23 : Navys 4th Anti-Submarine Warfare Craft "Amini" Launched

Press Coverage : NDTV, 16 Nov 23 : Navys 4th Anti-Submarine Warfare Craft
Press Coverage : NDTV, 16 Nov 23 : Navys 4th Anti-Submarine Warfare Craft

Press Coverage : Deccan Chronicle, 16 Nov 23 : GRSE launches 4 anti-sub : INS Amini

Press Coverage : Deccan Chronicle, 16 Nov 23 : GRSE launches 4 anti-sub : INS Amini

Press Coverage : News Mantra, 16 Nov 23 : 4th ASWSWC Launched by GRSE

Press Coverage : News Mantra, 16 Nov 23 : 4th ASWSWC Launched by GRSE
Press Coverage : News Mantra, 16 Nov 23 : 4th ASWSWC Launched by GRSE
Press Coverage : News Mantra, 16 Nov 23 : 4th ASWSWC Launched by GRSE

PRESS RELEASE

4th ASWSWC Launched by GRSE

Kolkata, 16 Nov 2023: Garden Reach Shipbuilders and Engineers (GRSE) Ltd achieved yet another milestone on Thursday, 16 November 23, by launching the fourth Anti-Submarine Warfare Shallow Water Craft (ASW SWC) barely five months after the launch of the third ship. GRSE is building eight ASW SWCs for the Indian Navy.

The warship was launched by Smt Manju Naithani, wife of Vice Admiral Sandeep Naithani, AVSM, VSM, Chief of Materiel, Indian Navy. Vice Admiral Naithani was the Chief Guest at the event.

Cmde P R Hari IN (Retd), Chairman and Managing Director, GRSE, Vice Admiral Kiran K Deshmukh, CWP&A, India Navy, DIG Subrato Ghosh, ICG (Retd.), Director (Personnel), GRSE & other Senior officials of the Indian Navy, GRSE & L&T were present at the occasion.

The launch is an important event in any warship's build-cycle. This is when she tastes water for the first time under her keel. This is also the day when she gets her name and the crest which symbolizes her. The ASW SWC launched today has been named 'INS Amini' after an oval-shaped island in the Lakshadweep archipelago.

INS Amini is the reincarnation of another warship of the same name that joined the Indian Navy on December 12, 1974. Built at a shipyard in the erstwhile Soviet Union, it was an Anti-Submarine Corvette and participated in several operations before being decommissioned on September 16, 2002.

ASW SWCs are considered extremely important for any Navy as they require less draft and can operate close to the coast, searching for underwater threats and neutralizing enemy assets such as submarines and mines. Equipped with advanced sonar and armed with latest weaponry such as lightweight torpedoes and ASW rockets, these warships will pack a tremendous punch, once they are commissioned into the Indian Navy. Indian Register of Shipping (IRS) is the Classification Society for these ships.

Of the 40 warships on order from the Indian Navy at various shipyards in the country, GRSE is building 19 warships. These include three Advanced Frigates under the Navy's ambitious Project 17A, four Survey Vessels (Large), eight ASWSWCs and four Next Generation Offshore Patrol Vessels (NGOPVs). Of the 19 warships, ten (apart from the one launched during the day) have already been launched and are undergoing various stages of outfitting.

This premier defence shipyard in the country has augmented its capacity through tie-ups with capable private shipyards like L&T under Public-Private Partnership (PPP) for part construction of ships, which will enable GRSE to marry the operational flexibility of the private entity, with it's own technical competence built over the years. GRSE has also gone in for massive modernization and has adopted the latest technologies in the field of shipbuilding. This has helped the shipyard maintain schedules and add more indigenous content to warships being built.

GRSE has also succeeded in creating an entire ecosystem of shipbuilding in the region through tie-ups with MSMEs and OEMs.

Speaking at the occasion, Vice Admiral Naithani commended GRSE for its performance. "I have been made aware that GRSE has achieved over 90% indigenisation in building these advanced warships. I am glad to note that the ship which is being launched today has achieved more than 40% progress at this stage. These milestones are indeed an achievement to the nation's shipbuilding industry in general and for GRSE and the Indian Navy in particular." he said.

Cmde Hari spoke on efforts being made by GRSE to keep abreast with the latest technology to build state-of-the-art warships for the Navy and Indian Coast Guard. "GRSE & Navy go a long way back and our partnership has paid rich dividends to the nation's mission towards enhancing maritime capability. 70 warships we have delivered to the Indian Navy so far and 19 more are under various stages of construction. Of these 19, 10 ships have already been launched and today the 11th shall be launched. Coming specifically to the Anti-Submarine shallow watercraft project, 16 ships are being built for the Indian Navy- 08 by GRSE and 08 by another Public Sector undertaking shipyard. Of these 16, 04 including the one which is being launched today, I am happy to state that all these 04 ships have been built by GRSE," he said.

INS Amini Launch of 4th ASW SWC

Press Coverage : The Indian Express, 13 Nov 23 : Winners of GRSEs GAINS 23 National Open Startup Challenge declared

Press Coverage : The Indian Express, 13 Nov 23 : Winners of GRSEs GAINS 23 National Open Startup Challenge declared

Press Coverage: Dainik Jagran, 12 Nov 23 : GRSE earns Rs 1654-cr revenue from operations in 1st half of 2023-24

Press Coverage: Dainik Jagran, 12 Nov 23 : GRSE earns Rs 1654-cr revenue from operations in 1st half of 2023-24

Press Coverage: Prabhat Khabar, 12 Nov 23 : GRSE earns Rs 1654-cr revenue from operations in 1st half of 2023-24

Press Coverage: Prabhat Khabar, 12 Nov 23 : GRSE earns Rs 1654-cr revenue from operations in 1st half of 2023-24

Press Coverage : The Echo of India, 12 Nov 23 : GRSE posts best ever Financial performance during Q2 & HY ending Sept 30

Press Coverage : The Echo of India, 12 Nov 23 : GRSE posts best ever Financial performance during Q2 & HY ending Sept 30

Press Coverage : Dalal Street Investment Journal, 12 Nov 23 : Rs 24,546 crore order book and FIIs increase stake : This multibagger shipbuilding company bags new order worth Rs 840 crore

Press Coverage : Dalal Street Investment Journal, 12 Nov 23 : Rs 24,546 crore order book and FIIs increase stake : This multibagger shipbuilding company bags new order worth Rs 840 crore
Press Coverage : Dalal Street Investment Journal, 12 Nov 23 : Rs 24,546 crore order book and FIIs increase stake : This multibagger shipbuilding company bags new order worth Rs 840 crore

Press Coverage : Ei Samay, 11 Nov 23 : GRSEs net profit for July-September rose 37% to Rs 81 crore over last year

Press Coverage : Ei Samay, 11 Nov 23 : GRSEs net profit for July-September rose 37% to Rs 81 crore over last year

Press Coverage : Sangbad Pratidin, 11 Nov 23 : Increase in income of GRSE

Press Coverage : Sangbad Pratidin, 11 Nov 23 : Increase in income of GRSE

Press Coverage : Samagya, 11 Nov 23 : GRSE earns Rs 1654-cr in the 1st half of FY 2023-24

Press Coverage : Samagya, 11 Nov 23 : GRSE earns Rs 1654-cr in the 1st half of FY 2023-24

Press Coverage: India Shipping News, 10 Nov 23 : GRSE earns Rs 1654-cr revenue from operations in 1st half of 2023-24

Press Coverage: India Shipping News, 10 Nov 23 : GRSE earns Rs 1654-cr revenue from operations in 1st half of 2023-24
Press Coverage: India Shipping News, 10 Nov 23 : GRSE earns Rs 1654-cr revenue from operations in 1st half of 2023-24

Press Coverage: India Sea Trade News, 10 Nov 23 : GRSE earns Rs 1654-cr revenue from operations in 1st half of 2023-24

Press Coverage: India Sea Trade News, 10 Nov 23 : GRSE earns Rs 1654-cr revenue from operations in 1st half of 2023-24
Press Coverage: India Sea Trade News, 10 Nov 23 : GRSE earns Rs 1654-cr revenue from operations in 1st half of 2023-24

Press Coverage: Daily Hunt, 10 Nov 23 : GRSE earns Rs 1654-cr revenue from operations in 1st half of 2023-24

Press Coverage: Daily Hunt, 10 Nov 23 : GRSE earns Rs 1654-cr revenue from operations in 1st half of 2023-24
Press Coverage: Daily Hunt, 10 Nov 23 : GRSE earns Rs 1654-cr revenue from operations in 1st half of 2023-24

Press Coverage: The Week, 10 Nov 23 : GRSE earns Rs 1654-cr revenue from operations in 1st half of 2023-24

Press Coverage: The Week, 10 Nov 23 : GRSE earns Rs 1654-cr revenue from operations in 1st half of 2023-24
Press Coverage: The Week, 10 Nov 23 : GRSE earns Rs 1654-cr revenue from operations in 1st half of 2023-24

Press Coverage: Business Standard, 10 Nov 23 : GRSE earns Rs 1654-cr revenue from operations in 1st half of 2023-24

Press Coverage: Business Standard, 10 Nov 23 : GRSE earns Rs 1654-cr revenue from operations in 1st half of 2023-24
Press Coverage: Business Standard, 10 Nov 23 : GRSE earns Rs 1654-cr revenue from operations in 1st half of 2023-24

Press Coverage: PSU Watch, 10 Nov 23 : GRSE earns Rs 1654-cr revenue from operations in 1st half of 2023-24

Press Coverage: PSU Watch, 10 Nov 23 : GRSE earns Rs 1654-cr revenue from operations in 1st half of 2023-24
Press Coverage: PSU Watch, 10 Nov 23 : GRSE earns Rs 1654-cr revenue from operations in 1st half of 2023-24

Press Coverage: Money Control, 10 Nov 23 : GRSE earns Rs 1654-cr revenue from operations in 1st half of 2023-24

Press Coverage: Money Control, 10 Nov 23 : GRSE earns Rs 1654-cr revenue from operations in 1st half of 2023-24
Press Coverage: Money Control, 10 Nov 23 : GRSE earns Rs 1654-cr revenue from operations in 1st half of 2023-24

Press Coverage: News Drum, 10 Nov 23 : GRSE earns Rs 1654-cr revenue from operations in 1st half of 2023-24

Press Coverage: News Drum, 10 Nov 23 : GRSE earns Rs 1654-cr revenue from operations in 1st half of 2023-24
Press Coverage: News Drum, 10 Nov 23 : GRSE earns Rs 1654-cr revenue from operations in 1st half of 2023-24

Press Coverage: Devdiscourse, 10 Nov 23 : GRSE earns Rs 1654-cr revenue from operations in 1st half of 2023-24

Press Coverage: Devdiscourse, 10 Nov 23 : GRSE earns Rs 1654-cr revenue from operations in 1st half of 2023-24
Press Coverage: Devdiscourse, 10 Nov 23 : GRSE earns Rs 1654-cr revenue from operations in 1st half of 2023-24

Press Coverage: Latestly, 10 Nov 23 : GRSE earns Rs 1654-cr revenue from operations in 1st half of 2023-24

Press Coverage: Latestly, 10 Nov 23 : GRSE earns Rs 1654-cr revenue from operations in 1st half of 2023-24
Press Coverage: Latestly, 10 Nov 23 : GRSE earns Rs 1654-cr revenue from operations in 1st half of 2023-24

Press Coverage: The Print, 10 Nov 23 : GRSE earns Rs 1654-cr revenue from operations in 1st half of 2023-24

Press Coverage: The Print, 10 Nov 23 : GRSE earns Rs 1654-cr revenue from operations in 1st half of 2023-24
Press Coverage: The Print, 10 Nov 23 : GRSE earns Rs 1654-cr revenue from operations in 1st half of 2023-24

Press Coverage: PSU Connect, 10 Nov 23 : GRSE posts best ever financial performance during Q2 & HY

Press Coverage: PSU Connect, 10 Nov 23 : GRSE posts best ever financial performance during Q2 & HY
Press Coverage: PSU Connect, 10 Nov 23 : GRSE posts best ever financial performance during Q2 & HY
Press Coverage: PSU Connect, 10 Nov 23 : GRSE posts best ever financial performance during Q2 & HY

Press Coverage: Press Trust of India, 10 Nov 23 : GRSE earns Rs 1654-cr revenue from operations in 1st half of 2023-24

Press Coverage: Press Trust of India, 10 Nov 23 : GRSE earns Rs 1654-cr revenue from operations in 1st half of 2023-24
Press Coverage: Press Trust of India, 10 Nov 23 : GRSE earns Rs 1654-cr revenue from operations in 1st half of 2023-24

PRESS RELEASE

Rising Revenue & Profits: Best Ever Financial Performance during Q2 & HY ending 30 Sep 2023 - GRSE

Kolkata, 10 Nov 2023: Garden Reach Shipbuilders & Engineers Limited (GRSE), one of the leading warship builders in the country have announced its financial results for the Quarter & Half Year ended 30 Sep 2023.

Highlights Q2 FY 23-24

Q2 FY 24 Compared with Q2 FY 23:

  • Total Income stood at Rs.969 Crore in Q2 FY 24 as against Rs 722 Crore in Q2 FY 23, an increase of Rs. 247 Crore, registering a growth of 34%.
  • Revenue from operations for the Q2 FY 24 stood at Rs. 898 Crore as compared to Rs 682 Crore in Q2 FY 23, an increase by Rs. 216 Crore, registering a growth of 32%.
  • Earnings Before Interest, Tax, Depreciation and Amortization (EBITDA) stands at Rs. 120 Crore in Q2 FY 24 as against Rs 89 Crore in Q2 FY 23, registering a growth of 35%.
  • Profit Before Tax (PBT) stood at Rs 107 Crore for Q2 FY 24 as compared to Rs 79 Crore in Q2 FY 23, registering a growth of 36%.
  • Profit After Tax (PAT) stood Rs.81 Crore in Q2 FY 24 as against Rs 59 Crore in Q2 FY 23, registering a growth of 37 %.
  • Earnings per share (EPS) for the Q2 FY 24 stood at Rs 7.05 compared to Rs 5.13 in Q2 FY 23, registering a growth of 37%.
  • Q2 FY24 Compared with Q1 FY24: :

    • Total income is Rs. 969 Crore in Q2 FY 24 as against Rs. 827 Crore in Q1 FY 24, an increase by Rs 142 Crore & growth of 17%.
    • Revenue from Operation stood at Rs. 898 Crore in Q2 FY 24 as against Rs. 756 Crore in Q1 FY 24 - an increase by Rs 142 Crore and registering a growth of 19%.
    • Earnings Before Interest, Tax, Depreciation and Amortization (EBITDA) at Rs. 120 Crore in Q2 FY 24 as against Rs 117 Crore in Q1 FY 24, registering a growth of 3%.
    • Profit Before Tax (PBT) at Rs 107 Crore in Q2 FY 24 as compared to Rs 102 Crore in Q1 FY 24 - growth of 5%.
    • Profit After Tax (PAT) at Rs 81 Crore in Q2 FY 24 as compared to Rs 77 Crore in Q1 FY 24 - growth of 5%.
    • Earnings per share (EPS) in Q2 FY 24 at Rs 7.05 compared to Rs 6.69 in Q1 FY 24, registering a growth of 5%.
    • Commenting on the results, Cmde Hari PR, IN (Retd) Chairman and Managing Director, Garden Reach Shipbuilders & Engineers Limited said, "We are maintaining the tempo that we set during the first quarter of FY 24 and our strong physical performance in all segments of operations have resulted in the company recording its best ever financial results for the Quarter and Half Year ending 30 Sep 2023. I am confident that with 10 out of the 19 Warships under construction having been launched, the coming months & years will see the shipyard delivering quality Warships to the Navy towards enhancing the maritime security of our Nation. New Projects including the 'Oceanographic Research Vessel' for Ministry of Earth Sciences, GoI, 'Green' Electric Ferry for Govt of West Bengal and 'Autonomous Surface Vessel' for DRDO will add further diversity in our product profile. Technology adoption shall be a focus area, both for internal efficiency enhancement and also for new product development."

      GRSE has embarked on a mission to identify and encourage the development of innovative solutions towards technological advances in shipbuilding by collaborating with innovators & start-ups. As part of this drive, the Company launched 'GRSE Accelerated Innovation Nurturing Scheme - 2023' or "GAINS 2023" on 22 May 2023. The Shipyard has also signed Contract for manufacturing & supply of ten 30 mm Naval Surface Guns worth Rs 248.5 Crore for the Ministry of Defence / Indian Navy paving the way towards indigenisation of weapons systems for the Indian Armed Forces. The contract was signed on 24 May 23. Launch of 3rd ASW SWC and 4th SVL on 13 Jun 2023 also bears testimony to the operational efficiency of the company. GRSE launched an Autonomous Underwater Vehicle (AUV) on 28 Jul 23. The 3rd Warship of the prestigious project P17 A was launched on 17 Aug 23 by the Hon'ble President of India, Smt. Droupadi Murmu. GRSE is in the business of Portable Steel Bridges, manufacturing of Deck Machinery items and engine assembly, overhaul and testing. GRSE has also signed a Memorandum of Understanding (MoU) with the Border Roads Organisation (BRO) for the supply of 30 double-lane modular Bridges recently. This is in addition to the order for 30 such bridges already placed by BRO with GRSE. A strong order book coupled with a clear execution strategy promises continued growth in the coming quarters.

Press Coverage : Kaleidoscope, Nov 23 : GRSE's 107th AGM held

Press Coverage : Kaleidoscope, Nov 23 : GRSE's 107th AGM held

Press Coverage : Echo of India, 03 Nov 23 : GRSE Organizes 'Run for Unity' to Commemorate National Unity Day & Concludes Special Campaign 3.0 on Swachhata

Press Coverage : Echo of India, 03 Nov 23 : GRSE Organizes 'Run for Unity' to Commemorate National Unity Day & Concludes Special Campaign 3.0 on Swachhata

Press Coverage : The Indian Express, 03 Nov 23 : GRSE Organizes 'Run for Unity' to Commemorate National Unity Day & Concludes Special Campaign 3.0 on Swachhata

Press Coverage : The Indian Express, 03 Nov 23 : GRSE Organizes 'Run for Unity' to Commemorate National Unity Day & Concludes Special Campaign 3.0 on Swachhata

Press Coverage : Times of India, 02 Nov 23 : GRSE holds run to mark Unity Day

Press Coverage : Times of India, 02 Nov 23 : GRSE holds run to mark Unity Day

Press Coverage : Sadinama, 02 Nov 23 : GRSE Organizes 'Run for Unity' to Commemorate National Unity Day & Concludes Special Campaign 3.0 on Swachhata

Press Coverage : Shadinama, 02 Nov 23 : GRSE Organizes 'Run for Unity' to Commemorate National Unity Day & Concludes Special Campaign 3.0 on Swachhata

Press Coverage : PSU Watch, 01 Nov 23 : GRSE Organizes 'Run for Unity' to Commemorate National Unity Day & Concludes Special Campaign 3.0 on Swachhata

Press Coverage : PSU Watch, 01 Nov 23 : GRSE Organizes 'Run for Unity' to Commemorate National Unity Day & Concludes Special Campaign 3.0 on Swachhata
Press Coverage : PSU Watch, 01 Nov 23 : GRSE Organizes 'Run for Unity' to Commemorate National Unity Day & Concludes Special Campaign 3.0 on Swachhata

Press Coverage : PSU Connect, 01 Nov 23 : GRSE Organizes 'Run for Unity' to Commemorate National Unity Day & Concludes Special Campaign 3.0 on Swachhata

Press Coverage : PSU Connect, 01 Nov 23 : GRSE Organizes 'Run for Unity' to Commemorate National Unity Day & Concludes Special Campaign 3.0 on Swachhata
Press Coverage : PSU Connect, 01 Nov 23 : GRSE Organizes 'Run for Unity' to Commemorate National Unity Day & Concludes Special Campaign 3.0 on Swachhata

Press Coverage : Aviation & Defence Universe, 31 Oct 23 : GRSE Organizes 'Run for Unity' to Commemorate National Unity Day & Concludes Special Campaign 3.0 on Swachhata

Press Coverage : Aviation & Defence Universe, 31 Oct 23 : GRSE Organizes 'Run for Unity' to Commemorate National Unity Day & Concludes Special Campaign 3.0 on Swachhata
Press Coverage : Aviation & Defence Universe, 31 Oct 23 : GRSE Organizes 'Run for Unity' to Commemorate National Unity Day & Concludes Special Campaign 3.0 on Swachhata

PRESS RELEASE

GRSE Organizes 'Run for Unity' to Commemorate National Unity Day & Concludes Special Campaign 3.0 on Swachhata

Kolkata, 31 Oct 2023: Garden Reach Shipbuilders and Engineers (GRSE) Ltd, one of India's premier naval shipyards based in Kolkata, organized the 'Run for Unity' to mark the 148th Birth Anniversary of Sardar Vallabh Bhai Patel on the occasion of National Unity Day. Nearly 200 participants joined this event and took the Rashtriya Ekta Pledge. The event kickstarted from GRSE Main Unit and concluded at GRSE FOJ Unit in Kolkata on 31 Oct 23. The Run was flagged-off by Director (Personnel), GRSE, DIG Subrata Ghosh, ICG (Retd).

Throughout the month of October 23, GRSE spearheaded a dedicated cleanliness drive as part of the Special Campaign 3.0 initiated by the Government of India from 02 Oct to 31 Oct 23. The campaign covered 44 key locations in Kolkata and Ranchi, including Company's Units, surrounding areas and CSR intervention sites. Strategic activities included the disposal of scrap and unserviceable items, and systematic clearing of outdated files across all units. More than 2300 persons participated in the month-long campaign.

GRSE has already adopted a holistic approach to implement initiatives under Swachh Vidyalaya Mission under the broader ambit of Swachh Bharat Mission. Multiple interventions have been implemented to improve the overall sanitation and hygiene conditions of the government schools with special thrust on the girls schools. GRSE has adopted the mechanism for maintenance of toilets, urinals, wash basins in association with Sulabh International Social Service Organization in 20 local govt. schools. Around 40000 students have been benefited under this project.

The Special Campaign 3.0 on Swachhata aims to ensure the resolution of pending matters, reinforce internal monitoring mechanisms, improve record management, and uphold cleanliness in the workspace.

Run fo Unity

Press Coverage : Echo of India, 21 Oct 23 : Bengal Governor presents "Durga Bharat Samman" to GRSE

Press Coverage : Echo of India, 21 Oct 23 : Bengal Governor presents

Press Coverage : Sanmarg, 20 Oct 23 : Hon'ble Governor of West Bengal presents "Durga Bharat Samman" to GRSE

Press Coverage : Sanmarg, 20 Oct 23 : Hon'ble Governor of West Bengal presents

Press Coverage : Anandbazaar Patrika, 20 Oct 23 : Hon'ble Governor of West Bengal presents "Durga Bharat Samman" to GRSE

Press Coverage : Anandbazaar Patrika, 20 Oct 23 : Hon'ble Governor of West Bengal presents

Press Coverage : The Millennium Post, 20 Oct 23 : Bengal Raj Bhavan institutes Durga Bharat Awards

Press Coverage : The Millennium Post, 20 Oct 23 : Bengal Raj Bhavan institutes Durga Bharat Awards

Press Coverage : Aeromag Asia, Sep - Oct 2023 : GRSE signs MoU with Dempo Goa to build commercial vessels

Press Coverage : Aeromag Asia, Sep - Oct 2023 : GRSE signs MoU with Dempo Goa to build commercial vessels

Press Coverage : Synergy, Oct 2023

Press Coverage : Synergy, Oct 2023

Press Coverage : Indian Society for Training and Development, Kolkata 2023

Press Coverage : Indian Society for Training and Development, Kolkata 2023

Press Coverage : The Morning India, 20 Oct 23 : West Bengal Governor presents Durga Bharat Param Samman to GRSE

Press Coverage : The Morning India, 20 Oct 23 : West Bengal Governor presents Durga Bharat Param Samman to GRSE

Press Coverage : Chhapte Chhapte, 20 Oct 23 : West Bengal Governor Dr. CV Ananda Bose presents Durga Bharat Param Samman to GRSE

Press Coverage : Chhapte Chhapte, 20 Oct 23 : West Bengal Governor Dr. CV Ananda Bose presents Durga Bharat Param Samman to GRSE

Press Coverage : Dainik Jagran, Kolkata, 20 Oct 23 : West Bengal Governor presents Durga Bharat Param Samman to GRSE

Press Coverage : Dainik Jagran, Kolkata, 20 Oct 23 : West Bengal Governor presents Durga Bharat Param Samman to GRSE

Press Coverage : Dainik Jagran, New Delhi, 20 Oct 23 : West Bengal Governor presents Durga Bharat Param Samman to GRSE

Press Coverage : Dainik Jagran, New Delhi, 20 Oct 23 : West Bengal Governor presents Durga Bharat Param Samman to GRSE

Press Coverage : Rajasthan Patrika, 20 Oct 23 : West Bengal Governor presents Durga Bharat Param Samman to GRSE

Press Coverage : Rajasthan Patrika, 20 Oct 23 : West Bengal Governor presents Durga Bharat Param Samman to GRSE

Press Coverage : Ekdin, 20 Oct 23 : West Bengal Governor presents Durga Bharat Param Samman to GRSE

Press Coverage : Ekdin, 20 Oct 23 : West Bengal Governor presents Durga Bharat Param Samman to GRSE

Press Coverage : United News of India, 19 Oct 23 : Bengal Governor presents Durga Bharat Param Samman to GRSE

Press Coverage : United News of India, 19 Oct 23 : Bengal Governor presents Durga Bharat Param Samman to GRSE

Press Coverage : PSU Connect, 19 Oct 23 : West Bengal Governor presents Durga Bharat Param Samman to GRSE

Press Coverage : PSU Connect, 19 Oct 23 : West Bengal Governor presents Durga Bharat Param Samman to GRSE

PRESS RELEASE

Hon'ble Governor of West Bengal presents 'Durga Bharat Param Samman' to GRSE

Kolkata, 19 Oct 2023: On the auspicious occasion of Durga Puja, Garden Reach Shipbuilders & Engineers Limited (GRSE), received the esteemed 'Durga Bharat Param Samman' from the Hon'ble Governor of West Bengal, Dr. C. V. Anand Bose. Shri RK Dash, Director (Finance), GRSE, received the award on behalf of GRSE, at an award ceremony held on 18 October 23 at Raj Bhavan, Kolkata. This recognition on the auspicious occasion of Durga Puja signifies GRSE's exceptional contributions to shipbuilding, naval prowess & the nation's overall economic development.

GRSE is also the recipient of the Raksha Mantri Award 2022 for designing the most silent ship for the Indian Navy, for ASWSWC operations and other prestigious awards in the recent past for R&D, CSR, Corporate Governance, HR practices, Communication Outreach, Digital Transformation, Best Organizational efforts, etc.

Durga Bharat Param Samman

Press Coverage : Kaleidoscope, Oct 23 : GRSE joins hands with Dempo Goa to build commercial vessels on west coast

Press Coverage : Kaleidoscope, Oct 23 : GRSE joins hands with Dempo Goa to build commercial vessels on west coast

Press Coverage : Kaleidoscope, Oct 23 : GRSE and CRY Join Hands to Transform Lives : Inauguartion of Child Development Program in Kolkata

Press Coverage : Kaleidoscope, Oct 23 : GRSE joins hands with Dempo Goa to build commercial vessels on west coast

Press Coverage : Money Control, 13 Oct 23 : GRSE : Strong Orders, improving execution to support earnings-led recovery

Press Coverage : Money Control, 13 Oct 23 : GRSE : Strong Orders, improving execution to support earnings-led recovery
Press Coverage : Money Control, 13 Oct 23 : GRSE : Strong Orders, improving execution to support earnings-led recovery

Press Coverage : The Echo of India, 08 Oct 23 : Winners of GRSE's "GAINS-2023" National Open Startup Challenge declared

Press Coverage : The Echo of India, 08 Oct 23 : Winners of GRSE' s

Press Coverage : Rajasthan Patrika, 08 Oct 23 : GRSE Declares Winners of "GAINS-2023" National Open Startup Challenge

Press Coverage : Rajasthan Patrika, 08 Oct 23 : GRSE Declares Winners of

Press Coverage : Sangbad Pratidin, 08 Oct 23 : GRSE Declares Winners of "GAINS-2023" National Open Startup Challenge

Press Coverage : Sangbad Pratidin, 08 Oct 23 : GRSE Declares Winners of

Press Coverage : Chhapte Chhapte, 08 Oct 23 : GRSE Declares Winners of "GAINS-2023" National Open Startup Challenge

Press Coverage : Chhapte Chhapte, 08 Oct 23 : GRSE Declares Winners of

Press Coverage : NE India Broadcast, 08 Oct 23 : Winners of GRSE's "GAINS-2023" National open Startup Challenge declared

Press Coverage : NE India Broadcast, 08 Oct 23 : Winners of GRSE's
Press Coverage : NE India Broadcast, 08 Oct 23 : Winners of GRSE's

Press Coverage : HTDS, 07 Oct 23 : Winners of GRSE's "GAINS-2023" National open Startup Challenge declared

Press Coverage : HTDS, 07 Oct 23 : Winners of GRSE's
Press Coverage : HTDS, 07 Oct 23 : Winners of GRSE's

Press Coverage : United News of India, 07 Oct 23 : Winners of GRSE's "GAINS-2023" National open Startup Challenge declared

Press Coverage : United News of India, 07 Oct 23 : Winners of GRSE's
Press Coverage : United News of India, 07 Oct 23 : Winners of GRSE's

Press Coverage : Raksha Anirveda, 06 Oct 23 : GRSE Declares Winners of "GAINS-2023" National Open Startup Challenge

Press Coverage : Raksha Anirveda, 08 Oct 23 : GRSE Declares Winners of

PRESS RELEASE

Winners of GRSE's "GAINS-2023" National Open Startup Challenge, Declared

Kolkata, 06 Oct 2023: In pursuance of 'Make in India' and 'Start-up India' initiatives of the Government of India, GRSE has taken on an initiative of identifying and encouraging development of innovative solutions, as part of the shipyard's technology development efforts, by leveraging the vast Start-up ecosystem created in the country. The GRSE Accelerated Innovation Nurturing Scheme (GAINS) is envisaged as a means to leverage this eco system for addressing present and emerging challenges in the ship design and construction industry, while also achieving the objectives of Atmanirbharta.

GAINS 2023, an Open Innovation Challenge, was launched by the Hon'ble Minister of state for skill development, entrepreneurship, electronics & IT, Shri Rajeev Chandrashekar on 22 May 23. Besides structured outreach programs, innovators were provided the opportunity to visit the shipyard's facilities and interact with various departments to get an insight into the operational intricacies. The Open Challenge received an overwhelming response with 50 responses received from innovators across the country, from which six promising proposals were selected for detailed evaluation. After a rigorous selection process involving detailed technical deliberations and discussions with the innovators, proposals received from M/s Smart Machines and Structures, a MSME Firm and M/s Bodkin Technologies Pvt Ltd, a Start-up have been declared winners of GAINS 2023.

The shipyard will now engage with these two organizations to further explore the feasibility of developing the proposals into implementable solutions which will be funded by GRSE.