DGS visits GRSE to review shipbuilding growth initiatives

MUMBAI : Director General of Shipping, Shri Shyam Jagannathan visited GRSE, Kolkata on 13 March 2026, reinforcing the Government of India’s sharpened focus on scaling domestic shipbuilding. The visit comes alongside a significant policy push: a ₹24,736 crore allocation for the Shipbuilding Financial Assistance Scheme to catalyse vessel construction in India and enhance global competitiveness. Complementing this, the Shipbuilding Development Scheme carries a ₹19,989 crore outlay, including ₹9,930 crore for Greenfield clusters and ₹8,261 crore for Brownfield expansions—a decisive pathway to add capacity, modernise infrastructure, and deepen the ecosystem across the country.

This integrated approachunderscores the Government of India and MoPSW commitment to position India among the world’s leading shipbuilding nations by 2047. DG Shipping (DGS) is steering implementation end to end, ensuring momentum on approvals, adherence to standards, and timely progress under the scheme architecture.

As one of India’s premier defence shipyards, GRSE continues to play a pivotal role in this journey with its proven design-engineering capabilities, modular construction expertise, and multi yard capacity. The GRSE visit reflects the collaborative, mission mode approach now driving India’s maritime growth—aligning central policy, implementation agencies, and shipyards to deliver scale, speed, and self reliance.