Defence Ministry signs ₹53,866.50 crore contracts for eight next-generation corvettes

02 Nov 2026 Defence

The Ministry of Defence signed contracts with GRSE and Goa Shipyard Limited for eight Next Generation Corvettes for the Indian Navy.

Important Facts

  • Contract value: ₹53,866.50 crore
  • Ships: 8
  • Shipyards: GRSE and GSL
Exam Point: Contract value: ₹53,866.50 crore | Ships: 8 | Shipyards: GRSE and GSL

Source: Press Information Bureau (PIB), Government of India

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