India, April 8 -- Swan Defence and Heavy Industries Limited (SDHI), a prominent private player in India's commercial and defence shipbuilding sector, has signed a strategic Memorandum of Understanding (MoU) with Garden Reach Shipbuilders & Engineers Limited (GRSE). The MoU, signed on April 7, 2025, at GRSE Bhavan, marks a significant step toward enhancing India's indigenous commercial shipbuilding capabilities.
Aligned with the Government's Atmanirbhar Bharat vision, this collaboration reflects SDHI's commitment to developing world-class maritime infrastructure. The partnership aims to jointly explore opportunities in building commercial vessels and offshore structures, targeting both domestic needs and global markets.
By combining their ...