GRSE to Build Four Hybrid Multi-Purpose Vessels for German Firm

23 Sep 2025 CW Team

Garden Reach Shipbuilders and Engineers (GRSE), a defence public sector undertaking, has signed a contract with Germany’s Carsten Rehder Schiffsmakler und Reederei GmbH & Co. KG for four Hybrid Multi-Purpose Vessels (MPVs) worth USD 62.44 million (approx. Rs 520 crore).

The vessels, measuring 120 metres in length and 17 metres in width, will feature hybrid battery-assisted propulsion, enhanced fuel efficiency, and flexible cargo handling. With capacity to carry 7,500 metric tonnes, they are designed to transport bulk, general, project cargo and even multiple windmill blades on deck—serving the renewable energy logistics sector.

The contract builds on GRSE’s ongoing collaboration with Carsten Rehder, including the CORAL 7,500 DWT MPV series, which commenced construction earlier this year in Kolkata. This agreement marks another step in GRSE’s growing role in international commercial shipbuilding.

Resources

21 Nov 2025

Hindustan Zinc, RIICO Advance Plans for Proposed Zinc Park

Hindustan Zinc, in collaboration with the Rajasthan State Industrial Development & Investment Corporation (RIICO), held a stakeholder consultation workshop in Jaipur to advance the proposed Zinc Park, the world’s first dedicated industrial ecosystem for zinc, lead, silver, and allied metals. The initiative aims to position Rajasthan as a global hub for metals innovation and manufacturing. The workshop brought together policymakers, industrial leaders, MSMEs, technology partners, and prospective investors to refine the park’s infrastructure blueprint, policy framework, and sectoral..

ANAROCK Unveils AI Platform to Transform Housing Sales

ANAROCK has recently launched ANAROCK.AI, an advanced residential sales platform integrating generative and predictive AI to accelerate property transactions and strengthen customer engagement. Built on eight years of proprietary data covering seven million enquiries and 90,000 unit sales, the platform uses machine learning to identify high-intent buyers, revive dormant leads, and enhance channel partner performance. The suite comprises nine tools across three segments—Genie Suite for 24/7 conversational engagement; Astra Suite for predictive lead scoring, sales revival and team optimisatio..

Tsuyo, Karnataka Ink LOI for EV Powertrain Facility

Tsuyo Manufacturing has recently signed a Letter of Intent with the Government of Karnataka to set up an advanced EV powertrain manufacturing facility and a dedicated testing track for commercial vehicles. The agreement was formalised at the Bengaluru Tech Summit 2025 in the presence of senior state officials and company leadership. The proposed plant will produce a wide range of powertrain solutions, including electric motors across multiple topologies, e-drives, e-axles, automatic transmissions, integrated systems, and complete powertrain assemblies for heavy commercial EVs. It will also fe..