MoD Signs ₹53,866.50 Crore Contracts With GRSE & GSL For 8 Next Generation Corvettes For Indian Navy

India has taken a major step towards strengthening its maritime defence capabilities and advancing self-reliance in defence manufacturing, with the Ministry of Defence signing contracts worth ₹53,866.50 crore for the construction of eight Next Generation Corvettes (NGCs) for the Indian Navy, announced PIB.The agreements were signed on 2 November 2026 at Kartavya Bhawan-2 in New Delhi in the
India has taken a major step towards strengthening its maritime defence capabilities and advancing self-reliance in defence manufacturing, with the Ministry of Defence signing contracts worth ₹53,866.50 crore for the construction of eight Next Generation Corvettes (NGCs) for the Indian Navy, announced PIB.The agreements were signed on 2 November 2026 at Kartavya Bhawan-2 in New Delhi in the
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