Pariksha SaathiMoD signs Rs 53,866.50 crore contracts with GRSE and GSL for eight Next Generation Corvettes for the Indian Navy
The Ministry of Defence signed contracts worth Rs 53,866.50 crore with Garden Reach Shipbuilders & Engineers Limited (GRSE) and Goa Shipyard Limited (GSL) for the acquisition of eight Next Generation Corvettes (NGCs) for the Indian Navy, in the presence of Defence Secretary Rajesh Kumar Singh at Kartavya Bhawan-2, New Delhi, on 2 November 2026. Under the contracts, GRSE will construct five corvettes and GSL the remaining three. The Ministry said it is the first project in which the ships will be indigenously designed by the Indian Navy and constructed by Defence Public Sector Undertakings (DPSUs) selected through a competitive process. Equipped with advanced missiles, weapons and sensor suites, the NGCs will be able to undertake missions across the air, surface and sub-surface domains, including safeguarding maritime trade routes, anti-surface and anti-submarine warfare operations, coastal defence, littoral combat operations, and maritime presence and surveillance missions. Their construction is expected to generate approximately 72 lakh person-days of employment in the shipyards and 460 lakh person-days in ancillary industries and MSMEs over the next ten years. A separate PIB release from Panaji added that the Cabinet Committee on Security (CCS) had approved the proposal, that GSL secured its three corvettes through a competitive bidding process, and that the NGC project is the largest order ever secured by GSL in its history.
Drafted with AI assistance from the official PIB release linked above and checked against it by a second AI pass. Not line-edited by a human.
Learning context
On 6 June 2022, the Defence Acquisition Council (DAC), chaired by Raksha Mantri Rajnath Singh, accorded Acceptance of Necessity (AoN) for capital acquisition proposals of the Armed Forces amounting to Rs 76,390 crore. For the Indian Navy, it accorded AoN for the procurement of Next Generation Corvettes (NGC) at an estimated cost of approx. Rs 36,000 crore, describing them as versatile platforms for surveillance missions, escort operations, deterrence, Surface Action Group (SAG) operations, search and attack, and coastal defence. They were to be constructed on a new in-house design of the Indian Navy using the latest shipbuilding technology and to contribute to the Government's SAGAR (Security and Growth for All in the Region) initiative. At the same meeting the DAC accorded AoNs for the manufacture of Dornier aircraft and Su-30 MKI aero-engines by Hindustan Aeronautics Limited and approved a 'Digital Coast Guard' project.
Check yourself: when did the Defence Acquisition Council accord AoN for the Next Generation Corvettes, at what estimated cost, and which government initiative were they to contribute to?
On 6 June 2022; approx. Rs 36,000 crore; SAGAR (Security and Growth for All in the Region).
Revision task: from this release, note the contract value, the two shipyards and how many corvettes each will build, the date and venue of signing, what makes the project a first, the roles of the NGCs and the employment estimates; from the note, the date of the DAC's AoN for the NGCs, the estimated cost then, the roles listed and the initiative named.
Test yourself
Under the Rs 53,866.50 crore contracts signed by the Ministry of Defence on 2 November 2026 for eight Next Generation Corvettes, which shipyard will construct three corvettes, while the other shipyard constructs five?
Show the answer
Answer: Goa Shipyard Limited
Under the contracts, Garden Reach Shipbuilders & Engineers Limited (GRSE) will construct five corvettes, while Goa Shipyard Limited (GSL) will construct the remaining three. The Ministry said it is the first project in which the ships will be indigenously designed by the Indian Navy and constructed by DPSUs selected through a competitive process.
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