- Advertisement -
Mumbai, April 08, 2025 – In a landmark move, Swan Defence and Heavy Industries Limited (SDHI), a leading private player in shipbuilding, ship repairs, and heavy fabrication, has signed a strategic Memorandum of Understanding (MoU) with Garden Reach Shipbuilders & Engineers Limited (GRSE). The agreement, inked on April 7, 2025, at GRSE Bhavan, aims to enhance India’s indigenous commercial shipbuilding capabilities while aligning with the Atmanirbhar Bharat initiative.
Key Focus Areas of the Collaboration
- Joint construction of commercial vessels & offshore structures for global and domestic markets.
- Shared infrastructure & co-development of standard vessel platforms for cost efficiency.
- Strengthening vendor & supply chain ecosystems through optimized sourcing.
- Skilled workforce development to support long-term industry growth.
- Collaboration in ship trials, repairs, and project execution for a sustainable maritime future.
Also Read | BEML Launches Indigenous BG 1205 Motor Grader in Mysuru to Boost India’s Mining Sector
This partnership is set to accelerate India’s self-reliance in shipbuilding, fostering innovation, job creation, and economic growth.
- Advertisement -