You are here: Home » PTI Stories » National » News
Business Standard

GRSE order book at Rs 27,500cr, 22 projects under construction

Press Trust of India  |  Kolkata 

Garden Reach Shipbuilders and Engineers Ltd (GRSE) on Monday said 22 projects are in various stages of construction, with an order book of Rs 27,500 crore.

These ships were expected to be delivered to the Indian Navy and the Indian Coast Guard, a GRSE statement said.

Meanwhile, the sixth of the class of eight Landing Craft Utility (LCU) was commissioned during the day at Vishakapatnam by vice-admiral Atul Kumar Jain, Flag Officer Commanding-in-Chief, Eastern Naval Command.

The shipbuilder will focus on export of warships and incorporation of latest technologies (artificial intelligence, machine learning and data analytics) in various areas of operations to improve internal efficiencies and profit margins, the statement added.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Mon, July 29 2019. 17:50 IST
RECOMMENDED FOR YOU