Garden Reach Shipbuilders and Engineers (GRSE), plans to expand outside Kolkata for a greenfield shipbuilding plant amid rising demand in both the defence and commercial sectors in India and export markets. GRSE expanded its capability to construct 24 ships concurrently from 20 earlier in 2024. The company plans to revive some of its defunct facilities and, through the long-term lease of dry docks from other agencies, plans to expand its shipbuilding capacity to 28 by the end of 2025.
As of March 31, 2025, GRSE’s orderbook stood at ₹22,680 crore despite the company having clocked a record revenue of ₹5075 crore in FY25. Bengal government is keen to attract investment in the defence manufacturing sector and is open to the idea of setting up a defence-focused industrial park in the state.
