GRSE To Build 8 Anti-Submarine Warfare Shallow Watercraft For Indian Navy

The Defence Ministry has awarded a contract of worth Rs 6,311 crore to Garden Reach Shipbuilders & Engineers Limited (GRSE) to build eight anti-submarine warfare shallow watercraft (ASWSWC) for the Indian Navy.

As per the agreement, the first ship is to be delivered within 42 months from the date of signing of the contract and subsequently, two ships are required to be delivered per year. The project completion time is 84 months.

Source: ANI News

Static/Current Takeaways Important for LIC AAO Exam:

  • GRSE Headquarters: Kolkata.
  • GRSE was founded in 1884 as a small privately owned company. it was renamed as Garden Reach Workshop in 1916. The company was nationalised by the Government of India in 1960.

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