Press Releases 2025-26 - Quarter 1

PRESS RELEASE

GRSE Honoured with Prestigious National Award for Excellence in Cost Management by ICMAI

Kolkata (24 June 2025): Garden Reach Shipbuilders & Engineers Ltd. (GRSE), has been conferred with the “19th National Award for Excellence in Cost Management – 2024” by the Institute of Cost Accountants of India (ICMAI). This prestigious recognition reflects GRSE’s commitment to cost competitiveness, financial transparency, and strategic resource management.

The award was presented at a grand ceremony held at Vigyan Bhawan, New Delhi, on 23rd June 2025. Smt. Aparajita Ghosh, General Manager (Finance), GRSE, received the award on behalf of the company at the event.

In a noteworthy recognition, Shri Ramesh Kumar Dash, Former Director (Finance), and CFO of GRSE, was conferred the “Best CMA Achiever Award 2024” in the Public – Manufacturing – Medium category.

The awards are instituted to recognize organisations that demonstrate exemplary performance in cost management systems and practices. GRSE’s recognition reaffirms its strong focus on efficiency, value engineering, and financial prudence, critical attributes for a shipbuilding PSU entrusted with building complex warships for the Indian Navy, Coast Guard, and friendly foreign nations.

This honour adds to GRSE’s growing list of national accolades and reflects its continuous efforts in contributing to Aatmanirbhar Bharat by delivering high-quality, cost-efficient maritime platforms with indigenous design and innovation.

PRESS RELEASE

GRSE Celebrates 11th International Day of Yoga with Enthusiastic Participation and Holistic Wellness Initiatives

Kolkata (21 June 2025): Garden Reach Shipbuilders & Engineers Ltd. (GRSE), celebrated the 11th International Day of Yoga (IDY) with a vibrant array of activities, reaffirming its steadfast commitment to the health, wellness, and holistic development of its workforce.

The celebrations culminated on 20 June 2025 with a collective demonstration of yoga asanas by employees, followed by a prize distribution ceremony. The winners of the competition were felicitated by Capt. P Sunilkumar, IN (Retd.), CGM (FOJ), GRSE in the presence of Cmde Vikas Kaushal, IN (Retd.), CGM (PS-P17A), GRSE, Shri Rajeev Shrivastava, GM (HR&A), GRSE, and other senior officials. The event reflected GRSE’s continued emphasis on promoting employee wellness and nurturing a collaborative, health-conscious work culture.

As a prelude to the main event, an online yoga competition was organized for employees’ family members, fostering inclusivity and engagement beyond the workplace. On 19 June 2025, a Yoga Competition for employees across all departments was conducted at the Main Works Unit. The event witnessed enthusiastic participation and showcased a deep-rooted commitment to physical fitness and mental well-being. Banners promoting yoga were displayed at prominent locations across all Kolkata units and Ranchi unit, while Yoga Bulletins highlighting the advantages of yoga were circulated among all employees. Countdown posts and internal communication—both online and offline—successfully built anticipation and encouraged widespread involvement.

In alignment with national initiatives led by the Ministry of Defence and the Ministry of Ayush, GRSE promoted the use of wellness tools such as the Y-Break and Namaste App, encouraging employees to adopt daily mindfulness and wellness practices.

The entire campaign was shared with internal and external stakeholders through email communication and social media platforms, further amplifying awareness and participation. Through these initiatives, GRSE continues to inspire its employees to adopt yoga as a way of life—fostering resilience, balance, and enhanced productivity across the organization.

PRESS RELEASE

Commissioning of INS Arnala-the 1st ASW Shallow Water Craft for Indian Navy: Another Glorious Chapter added to GRSE’s annals

Kolkata (18 June, 2025): The breaking of the commissioning pennant on the masthead of the INS Arnala with the last note of the National Anthem, at the Naval Dockyard in Visakhapatnam, on Wednesday, June 18th, 2025, added yet another glorious chapter to the annals of Garden Reach Shipbuilders and Engineers (GRSE) Ltd.

The INS Arnala, built by GRSE, is the first Anti-Submarine Warfare Shallow Water Craft (ASW SWC) to be commissioned in the Indian Navy. It has the distinction of being the largest diesel engine-waterjet propelled warship to be inducted by the Indian Navy till now.

he chief guest at the ceremony was Gen Anil Chauhan, Chief of Defence Staff (CDS). Among the others present were Vice Admiral Rajesh Pendharkar, Flag Officer Commanding-in-Chief, Eastern Naval Command, Vice Admiral Rajaram Swaminathan, CWP&A, Cmde P R Hari, IN (Retd), Chairman and Managing Director, GRSE, ADG Donny Michael, Coast Guard Commander (Eastern Seaboard) and other senior officials from Indian Navy & GRSE.

GRSE is building seven more ASW SWCs for the Navy. The INS Arnala is special as it was for this warship that GRSE was awarded the Raksha Mantri s Award 2022, for designing the ‘most silent ship .

Commissioning of this warship will add a shot in the arm for the Indian Navy with respect to its Shallow Water ASW capabilities. The ship was constructed through a PPP model, a first of its kind in India, where a major PSU shipyard like GRSE collaborated with a capable private shipyard, L&T Kattupalli.

INS Arnala will add necessary punch to the Indian Navy s capability to patrol coastal areas where enemy submarines could be lurking. The ship has been named after an island with a historic fort, off the Maharashtra Coast. It has over 80% indigenous content, underscoring GRSE’s commitment towards the Government of India’s Atmanirbharta and ‘Make in India’ policies.

Though smaller in size as compared to Anti-Submarine Warfare Corvettes of the Kamorta Class built and delivered to the Navy by GRSE earlier, the 77.6-metre-long and 10.5-metre-wide ASW SWCs pack a punch. They are capable of full-scale sub-surface surveillance of coastal waters as well as Search and Attack. They can also carry out coordinated anti-submarine operations with aircraft. These ships have Combat Management Systems on board and will be armed with lightweight torpedoes as well as anti-submarine warfare rockets. These ships will have a complement of 57 personnel, including seven officers.

With three water jets (fitted to marine diesel engines), the INS Arnala is extremely agile and maneuverable. A great advantage is that it requires a draught of only 2.7-metres, allowing it to access the coasts easily in search of sub-surface threats.

In his address, General Anil Chauhan, PVSM, UYSM, Chief of Defence Staff, Congratulated the Chairman & Managing Director of GRSE and the talented and committed workforce of the shipyard for delivering a capable and combat worthy asset to the nation. He expressed confidence that the ship, equipped with superior anti-submarine warfare and mine-laying capabilities, would play a crucial role in safeguarding India’s vast coastline. He noted that the carefully selected weapons and sensors would make the vessel a highly potent platform and a force enabler for effective fleet operations. As the first of its class, he remarked, its performance would set a benchmark for the subsequent ships in the series.

In his address during the occasion, Cmde P R Hari, IN (Retd), Chairman and Managing Director, GRSE, highlighted the shipyard’s expertise in building the most complex and technologically advanced warships for the Indian Navy. GRSE is now building 16 more warships, including three P17A advanced stealth frigates, seven ASW SWCs, two Survey Vessels Large and four Next Generation Offshore Patrol Vessels. GRSE is also building four research vessels, 13 hybrid ferries for the Government of West Bengal and eight multi-purpose cargo vessels for a German company. GRSE has also emerged the lowest bidder for the Next Generation Corvettes that the Navy wants to acquire.

PRESS RELEASE

GRSE, a preferred destination for Specialised Research Platforms, signs contract with GSI for two Coastal Research Vessels

Kolkata (June 11, 2025): In yet another major achievement, Garden Reach Shipbuilders and Engineers (GRSE) Ltd, signed a contract for construction of two Coastal Research Vessels (CRVs) for the Geological Survey of India (GSI), on Wednesday, June 11th, 2025.

The contract for the two Coastal Research Vessels (CRVs) was signed by Cdr Shantanu Bose, Director (Shipbuilding), GRSE and Dr N M Shareef, Deputy Director General & HoD, Marine & Coastal Survey Division, GSI, in the presence of Shri Asit Saha, Director General, GSI, and other senior officials from GRSE & GSI. The signing of this contract highlights GRSE’s expertise in the field of research platforms. The shipyard is currently building an Ocean Research Vessel (ORV) for the National Centre for Polar and Ocean Research (NCPOR), under the Ministry of Earth Sciences, Government of India, and an Acoustic Research Ship (ARS) for the Naval Physical and Oceanographic Laboratory (NPOL), an establishment under the Defence Research and Development Organisation (DRDO).

Each CRV will have a length of 64 meters with a width of 12 meters. The deadweight tonnage of each CRV will be about 450 Tons. The vessels will have an endurance of 15 days with a top speed of 10 knots. Each ship will have facilities for 35 personnel on board.

These specialised vessels will have capabilities to carry out offshore geological mapping, mineral exploration (including dredging), ocean environment monitoring and research. The ships will have modern, well-equipped scientific laboratories on board for data processing and sample analysis.

These platforms will be fitted with Dynamic Positioning – 1 to enable them to maintain position even in Sea State 3. Powered by diesel-electric propulsion, with diesel generators driving the thrusters, these ships would operate within the Exclusive Economic Zone (EEZ) of India, in depths of 5-1,000 meters.

Though GRSE’s mainstay is warship building, the shipyard is also an expert in the construction of research vessels. In 1994, it delivered the marine acoustic research ship INS Sagardhwani to NPOL. Between 1981 and 1993, GRSE also delivered six survey vessels to the Navy. Over the last two years, the shipyard also delivered two Survey Vessels (Large) of the Sandhayak class to the Navy. Two more ships of this class are currently under construction at GRSE. These survey vessels are the largest and the most advanced of their class ever built in India.

At the moment, the shipyard is building 16 warships of four different classes for the Navy. GRSE has also emerged as the lowest bidder for the Navy’s Next Generation Corvettes (NGC) programme and expects to be awarded the contract to build five of these vessels.

GRSE is also building eight multi-purpose cargo vessels for a German company.

PRESS RELEASE

GRSE Signs Strategic MoI & MoUs at Nor-Shipping 2025

Kolkata (05 June, 2025): Garden Reach Shipbuilders & Engineers Ltd. (GRSE), signed a series of strategic MoUs and an MoI aimed at strengthening India’s indigenous shipbuilding capabilities and global partnerships during Nor-Shipping 2025 being held at Oslo, Norway from 02-06 Jun 25.

On 04 Jun 25, GRSE also entered into a Memorandum of Intent (MoI) for the construction of four follow-on 7,500 DWT Multi-Purpose Vessels. The MoI was signed between Carsten Rehder Schiffsmakler und Reederei GmbH & Co. Germany and Garden Reach Shipbuilders & Engineers Ltd on the sidelines of Nor-Shipping 2025. These additional four vessels will be built in continuation of the eight vessels presently being constructed by GRSE at its Kolkata yard. In addition to its existing specifications, these vessels will be having Hybrid propulsion and will be adhering to the latest cyber security norms. The firm contract for these vessels are likely to be concluded by 31 Aug 2025.

In pursuance of venturing into construction of Offshore platforms and vessels, GRSE also signed a Memorandum of Understanding (MoU) with M/S Aries marine, a Dubai based, established and independent engineering and design firm for offshore Platform and vessel design. This is to extend worldwide reach of GRSE in the offshore market. This MOU facilitates collaboration on identifying and developing offshore orders for platforms designed by ARIES and built by “GRSE”. In addition, GRSE also signed MoUs with a Global Engine Manufacturer on 04 Jun 25.

These MoUs and MoI, along with the recently concluded MoU with Kongsberg Maritime, Norway in anticipation of an RFP expected for a Polar Research Vessel for NCPOR, MoES will go a long way in enhancing the capability of GRSE through collaboration with Global partners.

PRESS RELEASE

GRSE s New Modular Foot Suspension Bridge Boosts National Infrastructure, Aligned with Aatmanirbhar Bharat

Kolkata (03 June, 2025): G In a landmark achievement, Garden Reach Shipbuilders and Engineers Ltd. (GRSE) launched a first-of-its-kind Modular Foot Suspension Bridge (FSB) on Saturday, May 31, 2025, at its Belur Unit in Kolkata. Designed for longer spans of up to 400 feet, this fully indigenous bridge marks a significant milestone in GRSE’s efforts to support national self-reliance in infrastructure development.

The FSB was launched by Shri Natarajan Partheepan, General Manager (Bailey Bridge), GRSE in the presence of Cmde Ramesh Menon, Chief General Manager (Bailey Bridge & DEP), and other senior officials of GRSE. This initiative is a major step toward fulfilling the vision of the Hon’ble Prime Minister’s ‘Aatmanirbhar Bharat’ and reflects GRSE’s ongoing commitment to diversification and innovation in engineering.

The newly launched Modular Foot Suspension Bridge (FSB) features a steel decking carriageway with a width ranging from 1.8 to 2.2 meters, conforming to Indian Road Congress (IRC) Load Class, 18R and 400 Kg/sqm live load standards. This bridge is 100% indigenous and uniquely modular, making it the only bridge of its kind currently available in India.

One of the most significant advantages of this innovation is the rapid deployment capability. The 400-foot bridge can be launched without piers in under 30 days. This makes it an ideal solution for improving road connectivity in border regions, supporting operational readiness of security forces, and responding swiftly to disaster situations.

While GRSE is widely known for shipbuilding and ship repair, it is the only defence public sector shipyard to have successfully diversified into the engineering domain, notably in prefabricated steel bridges. The shipyard’s Bailey Bridge Unit has a distinguished history of designing, developing, and installing bridges in remote and difficult terrains across India and abroad. Till date, GRSE has delivered over 5,900 Bailey Bridges to the Indian Army, BRO, NHIDCL, various state and central PWDs, and neighboring countries such as Bangladesh, Bhutan, Myanmar, Nepal, and Sri Lanka.

PRESS RELEASE

Major Refit Boost for GRSE: Signs Contract for Refit of Lightship Indira Point

Kolkata (May 30, 2025): Garden Reach Shipbuilders & Engineers Ltd. (GRSE), achieved another milestone today with the signing of a contract for the major refit of Lightship ‘Indira Point.

The agreement was formalized between Cdr Shantanu Bose, IN (Retd.), Director (Shipbuilding), GRSE, and Shri N. Muruganandam, Director General, Lighthouses and Lightships, during a ceremony held on 21 May 2025.

Under the contract, GRSE will carry out dry dock and afloat repairs, including maintenance of the vessel’s hull, propulsion, onboard systems, and critical machinery. The refit is scheduled to be completed within 300 days. The contract underscores the shared commitment to maintaining vital navigational assets that are key to the country s economic and security interests.

MV Indira Point plays a crucial role in maintaining lighthouses and navigational aids along India’s coastline, thereby ensuring maritime safety and facilitating smooth trade and commerce. The lightship serves as a floating beacon at the southernmost tip of India, Indira Point, and is essential to maritime operations in the region.

GRSE has a proven track record of executing complex shipbuilding and refit projects, serving the Indian Navy, Indian Coast Guard, and other maritime agencies. This contract adds to its expanding non-defence portfolio, reinforcing its capabilities in servicing critical maritime platforms.

PRESS RELEASE

GRSE Leads the Way for Green Maritime Future: Lays the keels of 13 Hybrid Ferries for Government of West Bengal

Kolkata (May 29, 2025): It was a red-letter day for Garden Reach Shipbuilders and Engineers (GRSE) Ltd on Thursday, 29th May, 2025, when the keels of 13 hybrid ferries, being built by the shipyard for the Transport Department, Government of West Bengal, was laid in the presence of Shri Snehasis Chakraborty, Hon’ble Minister-in-Charge, Transport Department, Government of West Bengal, Shri Dilip Mondal, Minister-of-State, Transport Department, Government of West Bengal, Cmde PR Hari, IN (Retd), Chairman and Managing Director, GRSE, Dr. Moinul Hassan (Ex-MP), Chairman, WBTIDCL, Shri R K Dash, Director (Finance), GRSE, Cdr Shantanu Bose, Director (Shipbuilding), Shri Abhishek Ranjan, IOFS, CVO, GRSE, Shri Shiraz Daneshyar, IAS, Project Director, WBIWTLSDP, and senior officials from GRSE & WBTIDCL.

GRSE had signed a contract with the Transport Department, Government of West Bengal on 19th November, 2024, for the design and construction of the 13 hybrid ferries that are to be operated on the River Hooghly by the West Bengal Transport Infrastructure Development Corporation Ltd. (WBTIDCL). These ferries will bring about a massive change in river transportation in and around Kolkata, by reducing pollution and providing a comfortable journey for passengers.

These vessels will have catamaran hull design and be built with aluminium and Fiber Reinforced Polymer (FRP). The hybrid electric propulsion systems will be powered by batteries as well as diesel generators. The hybrid system will offer greater flexibility to the operator to switch from one mode to the other as per requirement, allowing for greater safety. The use of batteries will reduce pollution substantially.

GRSE had earlier designed and built a next generation zero-emission ferry for the Government of West Bengal. This ferry, named ‘Dheu’ was delivered on January 9, 2025 and is now operating on the River Hooghly.

Of the 13 ferries of which the keels were laid during the day, six will have twin decks with a capacity of 200 passengers each. The main deck will be air-conditioned. These vessels will be about 30 meters long and 8-10 meters wide. Their maximum speed will be 12 knots and each will require a crew of five. The estimated cost of these six vessels is Rs 126 crore.

The remaining seven vessels will have a single deck with a passenger capacity of 100. These ferries will be nearly 25 meters long and 8 meters wide with a top speed of 9 knots. There is provision for five crew members on board. These seven vessels are expected to cost nearly Rs 100 crore.

As per the contract, the hybrid ferries will carry passengers in all-weather conditions on River Hooghly (part of National Waterway – 1, the Ganga-Bhagirathi-Hooghly River System) in the Kolkata Metropolitan Area (KMA), stretching from Triveni in the north to Diamond Harbour in the south.

On the occasion, Shri Snehasis Chakraborty, Hon’ble Transport Minister, Government of West Bengal, credited the Hon’ble Chief Minister’s vision for promoting sustainable transport solutions. He praised GRSE’s shipbuilding excellence for delivering ‘Dheu’, India’s largest and fastest fully electric ferry, now operational between Kolkata and Belur Math. Further, he stated that 13 hybrid ferries have been ordered from GRSE to replace old diesel vessels, and expressed hope that other states would follow Bengal’s lead in green river transport.

Cmde P R Hari, IN (Retd), spoke on the shipyard’s latest achievements and plans to take forward green technology in the field of shipbuilding for larger platforms.

We are proud to spearhead the green initiatives of Government of West Bengal and I am confident that we shall design & deliver high quality vessels to minimize the carbon emission in the maritime sector, Cmde Hari said.

PRESS RELEASE

GRSE Pays Interim Dividend of Rs. 102.52 Crores for FY 2024-25

Hands Over Dividend Cheque to Government of India

New Delhi, 26 May 25: Garden Reach Shipbuilders and Engineers Ltd., (GRSE), has paid an interim dividend of Rs. 102.52 Crores for FY 2024-25 to its shareholders. The Interim Dividend Cheque amounting to Rs. 76.38 Crore as the government’s share was handed over to Hon’ble Raksha Mantri Shri Rajnath Singh, by Cmde P R Hari, IN (Retd), Chairman & Managing Director of GRSE Ltd. Kolkata, today at New Delhi in the presence of Shri Sanjeev Kumar, Secretary (Defence Production), Shri Rajeev Prakash, Joint Secretary (NS), Shri Amit Satija, Joint Secretary (DIP), and Shri R K Dash, Director (Finance), GRSE.

GRSE has declared an interim dividend of Rs. 8.95 per equity share of Rs. 10 for FY 24-25 against Rs. 7.92 in FY 23-24. GRSE has been consistent in paying dividend to the Shareholders and has done so every year for the last 31 years. The company has strong order book position of Rs. 22,680.75 Crore as on 31 Mar 25.

PRESS RELEASE

From Warships to Weapons: GRSE’s Naval Surface Gun Trial Marks New Era of Indigenous Capability

Kolkata (May 22, 2025): Garden Reach Shipbuilders & Engineers Ltd. (GRSE) successfully completed the sea acceptance firing trials of the indigenous Naval Surface Gun NSG (30mm) with pinpoint accuracy using a sophisticated indigenous Electro Optical Fire Control System.

he sea trials conducted onboard one of the GRSE designed and constructed Anti-Submarine Warfare Shallow Water Craft (ASW SWC) signals a strategic shift within GRSE towards being a capable weapon manufacturing company in addition to being shipbuilders to the nation. This significant achievement has been made possible with a very strong tie-up between GRSE and M/s BHSEL (Hyd) as well as M/s Elbit Systems Land, who are the technology and production partners for the Gun project. Two years of extensive efforts have yielded 60% indigenous content in the product which will significantly increase with subsequent orders.

The Gun has undergone rigorous quality checks in the factory prior to extensive sea trials with firing on live targets. The Gun System is highly accurate and reliable and will be an extremely potent addition to the Indian Navy s inventory of technologically superior weapon systems. GRSE is proud to have its products ranging from Warships to Weapons’.

PRESS RELEASE

Order Book Expected to Soar – GRSE Wins Competitive Bid for Next-Generation Corvettes

Kolkata (May 22, 2025): In a development that speaks volumes about the company s shipbuilding expertise, business acumen and proficiency in design, production & financial management, Garden Reach Shipbuilders and Engineers (GRSE) Ltd has emerged as the lowest bidder (L1) for the construction of Next Generation Corvettes (NGC) for the Indian Navy.

GRSE is the only Indian shipyard to have delivered 111 warships to the country s maritime forces & friendly foreign nations, including 06 Missile Corvettes ( Khukri & Kora Class) and 04 ASW Corvettes (Kamorta Class).

The shipyard participated in the competitive bidding process and has emerged as lowest bidder. GRSE will thus be awarded the contract to build five (05) Next Generation Corvettes at an estimated cost of approx. Rs 25,000 Crore.

These Next-Generation Corvettes shall be capable of fulfilling the roles of Offensive SSM attack, Anti-Missile Defence, Surface Action Groups for Maritime Strikes, ASW and many other Maritime Operations. The warship will also incorporate Green Warship design features, energy efficient & environment friendly technologies.

GRSE is already building four Next Generation Offshore Patrol Vessels (NGOPV) for the Navy, apart from three Advanced Guided Missile Frigates, eight Anti-Submarine Warfare Shallow Water Crafts of which one has already been delivered to Indian Navy and four Survey Vessels (Large) of which two have been delivered.

Meanwhile, on anticipated lines, the order for an Ocean-Going Tug for Bangladesh stands cancelled based on mutual discussions between GRSE and the Customer. This order though would not have impact on GRSE’s finances as the order is worth only US$ 21 million (approximately Rs 179.75 crore) and would have contributed a mere 0.8% to GRSE’s existing order book of Rs 22,680.75 crore as on March 31, 2025.

PRESS RELEASE

Scaling New Heights: GRSE Records Highest-Ever Revenue and Profit in FY25

Kolkata, 13th May 2025: Garden Reach Shipbuilders & Engineers Limited (GRSE), has announced its financial results for the fourth quarter & full year ended March 31st, 2025.

Q4FY25 Compared with Q4FY24:

Revenue from operation is Rs. 1,642 Crore in Q4FY25 as against Rs. 1,016 Crore in Q4FY24 registering a growth of 62%. The Company’s EBITDA stood at Rs. 335 Crore in Q4FY25 against Rs. 166 Crore in Q4FY24 registering a growth of 101%. Profit Before Tax (PBT) stood at Rs. 324 Crore in Q4FY25 against Rs. 153 Crore in Q4FY24 registering a growth of 112%. Profit After Tax (PAT) stood at Rs. 244 Crore in Q4FY25 against Rs. 112 Crore in Q4FY24 registering a growth of 118%. Earnings per share (EPS) for Q4FY25 is Rs. 21.32, against Rs. 9.74 in Q4FY24.

Commenting on the results, Cmde Hari PR, IN (Retd) Chairman and Managing Director, Garden Reach Shipbuilders & Engineers Limited said , Happy to report yet another set of strong numbers. With our strong order book, production maturity of the ongoing projects and order visibility including in the commercial shipbuilding segment, I am confident of even better performance during the current financial year “.

PRESS RELEASE

GRSE Honoured with "Digital Transformation Excellence" Award at 10th Governance Now PSU IT Awards

Kolkata (May 10, 2025):Garden Reach Shipbuilders & Engineers Ltd. (GRSE), has been conferred with the “Digital Transformation Excellence” Award at the 10th Governance Now PSU IT Awards, held in New Delhi on 09 May 25.

The prestigious award was received on behalf of GRSE by Cdr Harish Kumar, IN(Retd), General Manager (RO-Delhi), GRSE, from Shri Kailash Nath Adhikari, Managing Director, Governance Now, in the presence of senior government officials, industry leaders, and dignitaries.

This marks GRSE’s second consecutive win at the Governance Now PSU IT Awards. In 2024, the shipyard was honoured in the “Best Use of Emerging Technologies” category, marking a consistent stride in technological innovation.

This recognition reflects GRSE’s commitment to leveraging cutting-edge digital technologies in streamlining operations, enhancing efficiency, and enabling innovation across its business verticals. The digital transformation journey at GRSE is aligned with the Government of India’s Digital India vision, reinforcing the organization’s focus on smart infrastructure, automation, and a future-ready workforce.

Hosted annually by Governance Now, a platform dedicated to public policy and governance, the PSU IT Awards celebrate the achievements of Central and State Public Sector Undertakings (PSUs) that are revolutionizing their operations through digital enablement.