MoD signs ₹53,866 crore contracts with GRSE and GSL for 8 next-gen corvettes

India's Ministry of Defence has signed ₹53,866.50 crore contracts with GRSE and GSL for eight Next Generation Corvettes for the Indian Navy. GRSE will build five ships (~₹33,000 crore) and GSL three (~₹20,867 crore), boosting both order books.

Detected & updated continuously · Source: Nebula