The Ministry of Defence (MoD) has inked contracts totaling ₹53,866.50 crore with the Garden Reach Shipbuilders & Engineers Limited (GRSE) and Goa Shipyard Limited (GSL) to build eight Next Generation Corvettes (NGC) for the Indian Navy. These contracts were inked on November 2, 2026, under the aegis of Defence Secretary Rajesh Kumar Singh at Kartavya ...