Contracts worth Rs 53,866.50 crore for eight Next Generation Corvettes have been signed by the Indian Ministry of Defence. The ships will be built by Garden Reach Shipbuilders & Engineers and Goa Shipyard Limited. Designed in-house by the Indian Navy, these vessels will enhance maritime capabilities and replace ageing corvettes. The project aims to create significant job opportunities in the shipbuilding sector and ancillary industries. Contracts worth Rs 53,866.50 crore for eight Next Generation Corvettes have been signed by the Indian Ministry of Defence. The ships will be built by Garden Reach Shipbuilders & Engineers and Goa Shipyard Limited. Designed in-house by the Indian Navy, these vessels will enhance maritime capabilities and replace ageing corvettes. The project aims to create significant job opportunities in the shipbuilding sector and ancillary industries.
