Garden Reach Shipbuilders and Engineers (GRSE), a leading defence PSU, plans to set up a greenfield shipbuilding plant outside Kolkata to meet surging demand in both defence and commercial sectors, including export markets.
In 2024, GRSE increased its ship construction capacity from 20 to 24 ships concurrently, and plans to raise this to 28 ships by 2025 by reviving defunct facilities and leasing dry docks. As of March 31, 2025, GRSE had an order book of Rs 22,680 crore. The CMD aims to add Rs 25,000 crore in new orders in this financial year, targeting an overall order book of Rs 40,000 crore.
Meanwhile, the West Bengal government has expressed interest in attracting defence sector investments and is open to creating a defence-focused industrial park, leveraging its strong base of small and medium enterprises.