West Bengal Secures Rs 35 Billion Defence And Shipbuilding Projects
ECONOMY & POLICY

West Bengal Secures Rs 35 Billion Defence And Shipbuilding Projects

West Bengal has secured Rs 35 billion (Rs 35 bn) of defence and shipbuilding projects in what the state government described as a major step to revive industrial activity and boost employment. Chief Minister Suvendu Adhikari presented the projects at a Bhumi Pujan event and urged industry, builders and micro, small and medium enterprises to view Bengal as a prime investment destination.

He said the state was working with the central government to attract investment and tackle unemployment and that the administration had prioritised national security and border infrastructure since taking office. He noted that it had been 106 days since the new government assumed office and that about 90 per cent of land required by the Border Security Force along the frontier had been handed over to facilitate fencing and security measures.

The five projects carry a combined investment of around Rs 35 bn and are expected to generate employment while creating opportunities for ancillary industries and MSMEs. Garden Reach Shipbuilders and Engineers will expand with more than Rs 25 billion (Rs 25 bn) to develop a major shipbuilding facility at Raichak capable of constructing warships up to 200 metres long and commercial vessels of up to 60,000 tonnes deadweight, alongside upgrades at Timber Pond and Damodar sites.

Two projects by YIL at Ishapore, involving more than Rs seven point five billion (Rs 7.5 bn), are intended to strengthen indigenous production of critical defence components, including heavy forgings and specialised metal products. The defence minister welcomed the initiatives as aligning with national self-reliance and domestic manufacturing goals and highlighted the opportunity for India to capitalise on rising global demand for shipbuilding.

Officials said the state government would provide land support and assistance for major defence manufacturers and had opened discussions on investment and recruitment in the sector. The projects were framed as an important step towards restoring West Bengal's industrial prominence and integrating the state into national development priorities.

West Bengal has secured Rs 35 billion (Rs 35 bn) of defence and shipbuilding projects in what the state government described as a major step to revive industrial activity and boost employment. Chief Minister Suvendu Adhikari presented the projects at a Bhumi Pujan event and urged industry, builders and micro, small and medium enterprises to view Bengal as a prime investment destination. He said the state was working with the central government to attract investment and tackle unemployment and that the administration had prioritised national security and border infrastructure since taking office. He noted that it had been 106 days since the new government assumed office and that about 90 per cent of land required by the Border Security Force along the frontier had been handed over to facilitate fencing and security measures. The five projects carry a combined investment of around Rs 35 bn and are expected to generate employment while creating opportunities for ancillary industries and MSMEs. Garden Reach Shipbuilders and Engineers will expand with more than Rs 25 billion (Rs 25 bn) to develop a major shipbuilding facility at Raichak capable of constructing warships up to 200 metres long and commercial vessels of up to 60,000 tonnes deadweight, alongside upgrades at Timber Pond and Damodar sites. Two projects by YIL at Ishapore, involving more than Rs seven point five billion (Rs 7.5 bn), are intended to strengthen indigenous production of critical defence components, including heavy forgings and specialised metal products. The defence minister welcomed the initiatives as aligning with national self-reliance and domestic manufacturing goals and highlighted the opportunity for India to capitalise on rising global demand for shipbuilding. Officials said the state government would provide land support and assistance for major defence manufacturers and had opened discussions on investment and recruitment in the sector. The projects were framed as an important step towards restoring West Bengal's industrial prominence and integrating the state into national development priorities.

Related Stories

Gold Stories

Next Story
Resources

K Raheja Corp Homes hosts Joyfest 2.0 at Navi Mumbai project

K Raheja Corp Homes hosted the second edition of Joyfest at Raheja Jade City in Juinagar, Navi Mumbai, bringing together more than 500 residents and visitors for an evening of games, music and family activities.The event, themed ‘Streets of India’, drew inspiration from traditional Indian fairs and included food stalls, interactive games and entertainment for different age groups. Activities included virtual reality cricket, balloon shooting, motion dance, Ring the Pot and Hit the Tins. A jumping castle, bubble artist and mascots added to the attractions.Participants also took part in diya..

Next Story
Real Estate

Ashiana Housing launches third phase of Chennai senior living project

Ashiana Housing has launched Phase 3 of Ashiana Vatsalya, its active senior living project in Chennai. The new phase will add 168 residential units, with an estimated investment of Rs 1.004 billion. Construction is scheduled for completion by March 2029.Spread across 17.9 acre, the new phase will offer one-, two-, and three-bedroom homes priced between Rs 8.5 million and Rs 16.9 million. The International Finance Corporation (IFC) will fund the investment.The larger development includes a 42,000 sq ft clubhouse, 6.3 acres of landscaped and park areas, and more than 40 lifestyle and sports amen..

Next Story
Infrastructure Transport

Seco Marks 30 Years in India, Strengthens Pune Operations Wins Rs 8.39 Billion Vande Bharat Sleeper Orders

"Wabtec Corporation (NYSE: WAB) has secured orders worth approximately US$94 million (Rs 8.39 billion, or Rs 8,390 million) from Indian Railways for systems for the Vande Bharat Sleeper programme. The equipment is intended to increase service availability, simplify maintenance and improve passenger safety.Wabtec will supply onboard brake systems, doors and gangway solutions. Its scope also includes system delivery, integration support, testing, commissioning and long-term operational reliability support.Pascal Schweitzer, President, Wabtec Transit, said the orders reflect the company’s commi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code