Swan Defence, GRSE Sign Shipbuilding Pact
PORTS & SHIPPING

Swan Defence, GRSE Sign Shipbuilding Pact

In a major step toward strengthening India's indigenous shipbuilding ecosystem, Swan Defence and Heavy Industries Limited (SDHI) has signed a strategic Memorandum of Understanding (MoU) with Garden Reach Shipbuilders & Engineers Limited (GRSE). The MoU, formalized on April 7, 2025, at GRSE Bhavan, is aimed at jointly advancing commercial shipbuilding and offshore infrastructure for both domestic and global markets.

The collaboration will allow SDHI and GRSE to combine their strengths in design, infrastructure, and project execution to create a scalable and cost-effective model for commercial vessel construction. The agreement aligns with the Government of India’s Atmanirbhar Bharat initiative, focusing on self-reliance in strategic industrial sectors.

“This partnership paves the way for co-development of standard vessel platforms, coordinated project management, and sharing of shipbuilding infrastructure to reduce costs and turnaround times,” said an official spokesperson from SDHI.

The MoU also envisions development of a strong vendor base and supply chain ecosystem through shared sourcing and procurement strategies. An emphasis will be placed on skilling manpower, with the aim of supporting long-term growth in India’s maritime sector.

Additionally, the collaboration spans vessel trials, ship repairs, and infrastructure upgrades—laying the foundation for a sustainable and future-ready industrial model that drives economic growth and employment generation.

Swan Defence and Heavy Industries Limited—formerly Reliance Naval and Engineering Ltd—is India’s largest private shipbuilding and heavy fabrication company. Strategically located on the west coast, SDHI operates a state-of-the-art shipyard with a 662m x 65m dry dock and a fabrication capacity of 1,44,000 tons annually. The firm continues to play a pivotal role in India’s growing maritime economy and defence manufacturing landscape.

The partnership marks a key milestone in transforming India into a global shipbuilding hub.

In a major step toward strengthening India's indigenous shipbuilding ecosystem, Swan Defence and Heavy Industries Limited (SDHI) has signed a strategic Memorandum of Understanding (MoU) with Garden Reach Shipbuilders & Engineers Limited (GRSE). The MoU, formalized on April 7, 2025, at GRSE Bhavan, is aimed at jointly advancing commercial shipbuilding and offshore infrastructure for both domestic and global markets. The collaboration will allow SDHI and GRSE to combine their strengths in design, infrastructure, and project execution to create a scalable and cost-effective model for commercial vessel construction. The agreement aligns with the Government of India’s Atmanirbhar Bharat initiative, focusing on self-reliance in strategic industrial sectors. “This partnership paves the way for co-development of standard vessel platforms, coordinated project management, and sharing of shipbuilding infrastructure to reduce costs and turnaround times,” said an official spokesperson from SDHI. The MoU also envisions development of a strong vendor base and supply chain ecosystem through shared sourcing and procurement strategies. An emphasis will be placed on skilling manpower, with the aim of supporting long-term growth in India’s maritime sector. Additionally, the collaboration spans vessel trials, ship repairs, and infrastructure upgrades—laying the foundation for a sustainable and future-ready industrial model that drives economic growth and employment generation. Swan Defence and Heavy Industries Limited—formerly Reliance Naval and Engineering Ltd—is India’s largest private shipbuilding and heavy fabrication company. Strategically located on the west coast, SDHI operates a state-of-the-art shipyard with a 662m x 65m dry dock and a fabrication capacity of 1,44,000 tons annually. The firm continues to play a pivotal role in India’s growing maritime economy and defence manufacturing landscape. The partnership marks a key milestone in transforming India into a global shipbuilding hub.

Next Story
Equipment

BKT Partners All Teams in India’s Women’s T20 League

Balkrishna Industries (BKT), a global leader in the off-highway tyre market, announced its association as the Official Tyre Partner for all five teams competing in India’s premier women’s T20 championship – Mumbai Indians, Royal Challengers Bangalore, Delhi Capitals, Gujarat Giants, and UP Warriorz – for the upcoming season. This move reinforces BKT’s commitment to using sport as a platform for inclusion, opportunity, and long-term development.These partnerships reflect BKT’s belief in the transformative power of sport, particularly in advancing women’s participation and creating..

Next Story
Infrastructure Energy

Rajesh Power Secures 65 MW BESS Project in Gujarat

Rajesh Power Services has recently secured a 65 MW / 130 MWh standalone Battery Energy Storage System (BESS) project in Gujarat, marking its entry into utility-scale energy storage. The company received a Letter of Intent from Gujarat Urja Vikas Nigam for the project, which will be developed at Virpore under a tariff-based competitive bidding mechanism supported by Viability Gap Funding through the Power System Development Fund.The project is expected to be executed within 18 months from the signing of the Battery Energy Storage Purchase Agreement. With the ability to supply 65 MW of power for..

Next Story
Infrastructure Energy

ONGC Forms JV with MOL for Ethane Shipping Operations

Oil and Natural Gas Corporation (Oil and Natural Gas Corporation) has recently entered the ethane shipping segment through joint venture agreements with M/s Mitsui O.S.K. Lines Ltd (Mitsui O.S.K. Lines), Japan. The agreements involve equity participation in two joint venture entities—Bharat Ethane One IFSC Private Limited and Bharat Ethane Two IFSC Private Limited—registered at GIFT City, Gandhinagar.Under the arrangement, ONGC will subscribe to 2,00,000 equity shares of Rs 100 each in both entities, resulting in a 50 per cent equity holding in each joint venture, with the remaining stake ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App