Defence Ministry awarded GRSE Rs.6,311 crore project to build 8 ASWSWC

Ministry of Defence 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. 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 as per the agreement. The eight vessels are to be delivered between 2022 and 2027.