Garden Reach Shipbuilders & Engineers Limited (GRSE) is a shipbuilding company in India under the administrative control of the MoD and primarily adhere to the shipbuilding requirements of the Indian Navy and the Indian Coast Guard. In addition to ship and warship building capabilities, GRSE is also engaged in engineering and engine production activities. As a part of the engineering division GRSE manufactures deck machinery items, pre-fabricated portable steel bridges and marine pumps.
GRSE’s shipbuilding division contributes a significant majority of revenue from operations. They derived 94.14%, 90.13%, 92.19% and 94.76% of gross revenue from operations in Fiscals 2018, 2017, 2016 and 2015 respectively from shipbuilding division.
GRSE was incorporated in 1934 under the Indian Companies Act, 1913, and was later acquired by the Government of India from Macneill & Barry Limited on May 19, 1960. Shortly after becoming a CPSE in 1960, GRSE built India’s first indigenous warship–the INS Ajay, in the year 1961.
Over the years, the Company has established capabilities for in-house design and shipbuilding and has made considerable contributions to the indigenous warship construction program of the country. Their shipbuilding product line spans from technologically sophisticated Frigates and Corvettes to Fast Patrol Vessels. In last five (5) decades, GRSE built and delivered ships ranging from small to large and advanced vessels including frigates, anti-submarine warfare corvettes, missile corvettes, landing ship tanks, landing craft utilities, survey vessels, fleet replenishment tankers, fast patrol vessels, offshore patrol vessels, inshore patrol vessels, WJ-FAC, hover crafts and fast interceptor boats to the Indian Navy, Indian Coast Guard, MHA and Governments of other countries.
GRSE built and supplied more than 750 vessels to carry men and materials as well as for the surveillance of the coast line. Over the years, GRSE responded to the varied shipbuilding requirements of the Indian Defence Services and have evolved from building simpler vessels to building bigger and technically advanced warships