GRSE expands shipbuilding capacity with ₹2670 crore investment in 3 new facilities
GRSE is investing ₹2670 crore in three new facilities for capacity expansion. The Raichak facility receives ₹2500 crore, Shalimar's Timber Pond facility ₹100 crore, and Kidderpore's Damodar facility ₹70 crore. The foundation for these projects was laid on August 23, 2026, to enhance shipbuilding capabilities.
The large capital expenditure and expansion of shipbuilding facilities will significantly enhance GRSE's capabilities, potentially leading to larger orders and improved market position.
The announcement details significant capacity expansion with substantial investment, indicating positive growth and future prospects for the company.
Garden Reach Shipbuilders & Engineers Limited (GRSE) is undertaking significant capacity expansion initiatives across three new facilities to bolster its indigenous shipbuilding capabilities and support future growth. The company plans to invest ₹2500 crore in the Raichak facility, ₹100 crore in the Timber Pond facility at Shalimar, and ₹70 crore in the Damodar facility at Khidderpore Docks, totaling an investment of ₹2670 crore. These expansions are aimed at enhancing the ability to execute larger and more complex projects.
The Raichak facility will be developed as a shipbuilding hub with a 356-meter waterfront and a 96-meter jetty, featuring a 200-meter dry dock, slipway, and block fabrication facilities. It will be capable of constructing warships up to 200 meters and commercial vessels up to 60,000 DWT. The Timber Pond facility at Shalimar will be rejuvenated with a 130-meter dry dock and a 120-meter slipway for medium-sized shipbuilding and repairs. The Damodar facility at Kidderpore Docks will focus on medium-sized vessel repairs and the construction of electric ferries and small crafts.
The foundation stone for these expansion projects, along with those of Yantra India Limited (YIL), was laid by the Hon’ble Defence Minister, Shri Rajnath Singh, on August 23, 2026, in Kolkata. The event was attended by key dignitaries including the Hon’ble Chief Minister of West Bengal, Shri Suvendu Adhikari, and senior officials from the Ministry of Defence and the Government of West Bengal. These initiatives align with the Government of India’s Aatmanirbhar Bharat and Make in India vision.
A plain-language summary of a public exchange filing by Garden Reach Shipbuilders & Engineers Limited. Read the original for the full detail.