Garden Reach Shipbuilders and Engineers Ltd. (GRSE) is a shipbuilding company located in Kolkata, India. Founded in 1884 as a small engineering workshop, the company has since grown into a major shipyard that specialises in the design and construction of naval vessels and commercial ships. GRSE’s facilities cover over 100 acres and include modern shipbuilding infrastructure such as slipways, dry docks and workshops. The company’s shipbuilding capabilities range from small patrol boats to large frigates and submarines. GRSE has also diversified into the construction of engineering products such as diesel engines, marine gearboxes and deck machinery.
GRSE has built over 100 warships for the Indian Navy, including anti-submarine warfare corvettes, landing craft and missile frigates. In addition, the company has exported vessels to countries such as Mauritius, Sri Lanka and Myanmar. GRSE has also been involved in several technology transfer initiatives with foreign partners, including collaborations with Naval Group of France and Damen Shipyards of The Netherlands. These collaborations have helped GRSE to acquire advanced shipbuilding technology and design expertise, enabling the company to produce state-of-the-art vessels that meet the evolving needs of its clients.
This story is from the April 24, 2023 edition of Dalal Street Investment Journal.
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This story is from the April 24, 2023 edition of Dalal Street Investment Journal.
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