MoD Signs Rs 53,866.50 Crore Contracts For Eight Next Generation Corvettes

MoD Signs Rs 53,866.50 Crore Contracts For Eight Next Generation Corvettes New Delhi, Nov 2 (KNN) The Ministry of Defence has signed contracts worth Rs 53,866.50 crore with Garden Reach Shipbuilders & Engineers Limited (GRSE) and Goa Shipyard Limited (GSL) for the construction of eight Next Generation Corvettes for the Indian Navy. The contracts were signed in the presence of Defence Secretary Rajesh Kumar Singh at Kartavya Bhawan-2, New Delhi, on November 2, 2026. Under the contracts

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