The Economic Times

Warship-maker GRSE conferred 'Navratna' status; defining moment for company, says CMD

Defence PSU Garden Reach Shipbuilders and Engineers (GRSE) Ltd has achieved 'Navratna' status, a significant recognition of its consistent financial and operational performance. This elevation grants GRSE greater autonomy for investments and strategic growth. The Kolkata-based warship-maker has seen substantial revenue and profit increases, underscoring its robust expansion and its pivotal role in bolstering India's maritime capabilities and defence manufacturing.