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The Economic Times

Global Business / The Economic Times

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From Hooghly to high seas: Boost for Kolkata PSU amid defence boom

Garden Reach Shipbuilders & Engineers Ltd (GRSE) is poised for Navratna status, a move that will grant it enhanced financial and operational autonomy. This elevation recognizes the shipyard's significant evolution from a 19th-century workshop to a strategic defence asset, mirroring India's growing maritime ambitions and self-reliance.

20 Feb 2026 3:03 pm