Warship-maker GRSE conferred 'Navratna' status; defining moment for company, says CMD
- Posted on June 20, 2026
- By Business News Today
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- 1 min read
Warship-maker GRSE conferred 'Navratna' status; defining moment for company, says CMD
Defence PSU Garden Reach Shipbuilders and Engineers (GRSE) Ltd has achieved 'Navratna' status, a significant recognition of its consistent financial and operational performance. This elevation grants GRSE greater autonomy for investments and strategic growth. The Kolkata-based warship-maker has seen substantial revenue and profit increases, underscoring its robust expansion and its pivotal role in bolstering India's maritime capabilities and defence manufacturing.
