Raksha Mantri Urges GRSE To Build Niche Platforms For Viksit Bharat

11 Mar 2026 CW Team

He commended the shipyard for its long service to nation-building and to the Blue Economy, noting that GRSE has equipped the Indian Navy and the Indian Coast Guard across nearly 150 years with warships and frigates to secure maritime interests. The minister described a modern warship from the yard as embodying the labour of thousands of workers, the innovation of engineers, the precision of technicians and the dedication of the shipyard to the nation. He framed each employee as an integral part of a larger process of national development.

Shri Rajnath Singh praised the firm’s achievements that had been deemed difficult by many and urged personnel to continue with hard work, skill and commitment. He called for the same spirit in the face of new challenges, emerging technologies and increasing competition so that GRSE can become a glowing symbol of shipbuilding excellence domestically and internationally. The appeal included a reminder that the workforce must play its part in transforming India into a maritime power and a developed nation.

A cultural performance by personnel and their families was presented during the visit and the minister viewed it as an excellent reflection of India’s diversity, unity and rich cultural heritage. The event was attended by the Chairman and Managing Director Commodore P R Hari (Retd) and by senior officials from the Ministry of Defence and the shipyard. The minister reiterated the importance of the yard’s role in enhancing India’s maritime capability and contributing to the nation’s strategic and economic objectives.

Raksha Mantri Rajnath Singh urged Garden Reach Shipbuilders and Engineers Limited to develop niche, state-of-the-art platforms aligned with a technology-driven era and to position the shipyard as a shining example of shipbuilding excellence for India and the world. He addressed GRSE personnel in Kolkata on five March 2026 and linked the appeal to the Prime Minister Narendra Modi-led government’s Viksit Bharat 2047 objective. The minister emphasised the need for indigenous capability to meet emerging security and commercial challenges at sea. He commended the shipyard for its long service to nation-building and to the Blue Economy, noting that GRSE has equipped the Indian Navy and the Indian Coast Guard across nearly 150 years with warships and frigates to secure maritime interests. The minister described a modern warship from the yard as embodying the labour of thousands of workers, the innovation of engineers, the precision of technicians and the dedication of the shipyard to the nation. He framed each employee as an integral part of a larger process of national development. Shri Rajnath Singh praised the firm’s achievements that had been deemed difficult by many and urged personnel to continue with hard work, skill and commitment. He called for the same spirit in the face of new challenges, emerging technologies and increasing competition so that GRSE can become a glowing symbol of shipbuilding excellence domestically and internationally. The appeal included a reminder that the workforce must play its part in transforming India into a maritime power and a developed nation. A cultural performance by personnel and their families was presented during the visit and the minister viewed it as an excellent reflection of India’s diversity, unity and rich cultural heritage. The event was attended by the Chairman and Managing Director Commodore P R Hari (Retd) and by senior officials from the Ministry of Defence and the shipyard. The minister reiterated the importance of the yard’s role in enhancing India’s maritime capability and contributing to the nation’s strategic and economic objectives.

Products

20 Apr 2026

OrnaMatte Brings Premium Matte Finishes to Modern Interiors

Action TESA has introduced OrnaMatte, a curated range of 38 matte finishes designed for contemporary interior surfaces. The new offering combines premium aesthetics with practical performance, reflecting the growing demand for surface solutions that balance design appeal with durability. The company said matte finishes continue to gain popularity for their understated, elegant look across modern interiors. OrnaMatte features anti-fingerprint properties, a velvety satin feel, near-zero gloss and 3H scratch resistance, making it suitable for long-term use in residential and commercial spaces. ..

Real Estate

20 Apr 2026

Vestian reports 36% drop in construction activity in Q1

Vestian reported a 36 per cent quarter-on-quarter decline in new office completions to 9.7 million sq ft in Q1 2026, marking the lowest level in the past four quarters amid the West Asia crisis.The slowdown was led by cities such as Bengaluru, Hyderabad and Mumbai, where developers adopted a cautious approach. Hyderabad saw the steepest drop, with completions falling 95 per cent to 0.3 million sq ft from 6.0 million sq ft in the previous quarter.Despite constrained supply, office absorption rose 20 per cent year-on-year to 21.53 million sq ft, driven by sustained demand from global capability ..

Real Estate

20 Apr 2026

fäm Properties reports 95% sales in Dubai 2026 supply

Data from DXBinteract shows that 41,015 of 43,217 units due this year have already been sold. Across the 2026–2029 pipeline, 71.45 per cent of 426,182 units have been committed, indicating sustained absorption levels.The analysis highlights strong demand across leading developers, with several reporting near or full sell-outs. Emaar and Meraas have sold over 99 per cent of their 2026 inventory, while Dubai Holding and Meydan projects are fully sold.Commenting on the trend, Firas Al Msaddi, CEO, fam Properties, said, “Dubai continues to demonstrate a level of forward demand that is structur..