Contracts · Naval shipbuilding
India orders eight corvettes from GRSE and Goa Shipyard
Under contracts worth Rs 53,866.50 crore, the state-owned shipyards will build an Indian Navy design. GRSE takes five ships and Goa Shipyard three.
India's Ministry of Defence signed contracts worth Rs 53,866.50 crore on Nov. 2, 2026, for eight Next Generation Corvettes for the Indian Navy. Garden Reach Shipbuilders & Engineers Limited (GRSE) will build five ships and Goa Shipyard Limited (GSL) three.1
GRSE will construct five corvettes, while GSL will construct the remaining three
eight Next Generation Corvettes (NGCs) for the Indian Navy
GRSE will construct five corvettes
GSL will construct the remaining three
Source: India's Ministry of Defence via PIB
Sources
The project assigns design to the Indian Navy and construction to state-owned shipyards selected through a competitive process.1 GSL calls the order the largest in its history.2 The ministry disclosed the combined contract value but no per-yard values or delivery schedule.1
Defense News reported, citing GRSE, that the ships would measure 127 meters long and have a maximum speed of 26 knots. The outlet reported that their armament would include medium-range anti-ship and surface-to-air missiles and 324 mm torpedo tubes.3
Defense News reports that the ships will gradually replace aging single-role corvettes.3 The ministry says the new corvettes will carry missiles, weapons and sensor suites enabling missions across the air, surface and sub-surface domains.1
Sources (3)
- Ministry of Defence via PIB: MoD inks Rs 53,866.50 crore contracts with GRSE & GSL for 8 Next Generation Corvettes www.pib.gov.in
- PIB Panaji: GSL Secures Major Order to Build Three Next-Generation Corvettes for Indian Navy www.pib.gov.in
- Defense News: India orders next-gen corvettes for $5.7b under broad naval modernization push www.defensenews.com