Garden Reach Shipbuilders and Engineers (GRSE) has signed a memorandum of understanding (MoU) with K2 Cranes & Components on 28 January, 2026, to design, develop, and manufacture marine, defence, and shipyard cranes and related equipment.

The agreement was signed by Cmde Ramesh Menon MS (Retd), Chief General Manager at GRSE, and M Udayakumar, Managing Director of K2 Cranes, in the presence of senior officials from both companies, including GRSE Chairman Cmde PR Hari, and Director (Shipbuilding) Cdr Shantanu Bose. The cranes and equipment produced under this collaboration will help reduce dependency on imports and cater to both domestic and international markets.

GRSE’s significant footprint in the modular steel bridges sector, having delivered over 5,900 bridges globally, further underscores its strength in manufacturing high-quality, indigenously developed products. This is another step toward enhancing India's self-reliance.  This partnership is part of GRSE’s ongoing efforts to support India’s Atmanirbharta and 'Make in India, Make for the World' initiatives.