GRSE and SWAN Defence and Heavy Industries sign strategic MoU to boost Indigenous Commercial Shipbuilding Capabilities
KOLKATA : Garden Reach Shipbuilders & Engineers Ltd. (GRSE), has signed a Memorandum of Understanding (MoU) with SWAN Defence and Heavy Industries Ltd. On 07 Apr 25 at , Kolkata. The strategic partnership marks a significant step towards strengthening indigenous shipbuilding capabilities in the commercial segment and supports the national vision of “Aatmanirbhar Bharat” in the maritime sector. Under the terms of the MoU, both shipyards will collaborate on a non-exclusive basis for the construction of commercial vessels and offshore structures, with a focus on global customers and national maritime interests. This alliance will enable GRSE and SWAN Defence to leverage each other’s strengths in infrastructure, expertise, and design capabilities.
The partnership will focus on jointly scouting for commercial shipbuilding projects and developing standard platform designs to cater to market needs. By sharing infrastructure and evolving effective build strategies, the two entities aim to ensure faster and more efficient project execution. Additionally, the collaboration will work towards optimizing costs through the development of a mutually beneficial vendor ecosystem. Furthermore, the MoU lays a strong emphasis on building skilled manpower to support the long-term growth of the shipbuilding sector. Both companies have agreed to work together not only on the construction front, but also in areas such as vessel trials, ship repair—laying the foundation for a sustainable and comprehensive model of industrial cooperation.
A significant emphasis will also be placed on training and nurturing a skilled local workforce. Furthermore, both parties will cooperate in the trials, commissioning, and future repair of vessels and offshore structures, thereby establishing a comprehensive and sustainable model for commercial shipbuilding in India.
The MoU between SDHI and GRSE signifies a shared vision to advance India’s shipbuilding capabilities and create future-ready infrastructure that supports maritime innovation, economic development, and job creation, and is poised to catalyze the growth of a robust vendor ecosystem and generate employment through skill development in the shipbuilding sector. This collaboration is a testament to the growing capabilities of Indian shipyards in meeting both national and international maritime demands through innovative, cost-effective, and high-quality solutions.