Garden Reach Shipbuilders & Engineers Ltd (GRSE) entered into a strategic Memorandum of Understanding (MoU) with Swan Defence and Heavy Industries Ltd (SDHI) to jointly pursue commercial shipbuilding projects, with a strong focus on indigenous capabilities and global market expansion.
Key Highlights
Partnership Between:
- GRSE- A premier Indian defence PSU shipyard and SDHI (formerly Reliance Naval and Engineering Ltd)- India’s largest commercial shipbuilder.
- GRSE is known for building warships for the Indian Navy and Coast Guard.
- SDHI’s infrastructure can support large-scale commercial projects, including offshore structures.
MoU Signed For:
- Commercial vessels and offshore structures
- Targeting both domestic and international markets
Scope of MoU:
Joint Construction & Collaboration:
- Shared infrastructure, design, and project management
- Co-development of standard vessel platforms
- Focus on faster turnaround times and cost efficiency
Market Focus:
- Global clients and national maritime interests
Additional Cooperation Areas:
- Vessel trials, ship repair services
- Skilled manpower development
- Creation of a robust vendor and supply chain ecosystem
Strategic Goals:
- Promote indigenous shipbuilding and skilled local workforce
- Build cost-effective and competitive shipbuilding models
- Strengthen India’s commercial maritime sector
- Share sourcing & procurement channels for mutual benefit
About Swan Defence and Heavy Industries (SDHI)
Formerly: Reliance Naval and Engineering Ltd
Location: West coast of India
Infrastructure:
- One of the largest shipyards in India
- Dry dock size: 662m x 65m
- Annual fabrication capacity: 1.44 lakh tonnes
Significance:
- Aligned with Atmanirbhar Bharat (Self-reliant India) initiative
- Strengthens India’s commercial shipbuilding capacity
- Promotes public-private synergy in the shipbuilding sector