Kolkata. 09 February 2026. Taking another significant step towards strengthening India’s shipbuilding capabilities through collaborative participation, Garden Reach Shipbuilders & Engineers (GRSE) Ltd & Hindustan Shipyard Limited (HSL) signed a Memorandum of Understanding (MoU) on Monday, February 09, 2026, to form a consortium aimed at undertaking a large-scale, strategically significant national shipbuilding programme.
The partnership envisages the construction of advanced maritime platforms and is expected to contribute to the enhancement of the country’s maritime infrastructure, technological self-reliance, and long-term operational capabilities.
The MoU was signed by Cdr Shantanu Bose, IN (Retd.), Director (Shipbuilding), GRSE and Capt Ganti Venkateswarlu, IN (Retd.), Officiating Chairman & Managing Director, HSL, in the presence of senior officials from GRSE & HSL.
This collaboration is expected to leverage the complementary strengths of both shipyards and further reinforce the national vision of enhancing indigenous maritime capability and self-reliance in shipbuilding.
