Swan
Defence and Heavy Industries Limited has entered into 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
milestone in strengthening India’s indigenous commercial shipbuilding ecosystem. The collaboration is in line with the
Government’s vision of Atmanirbhar Bharat and reinforces
SDHI’s commitment to building world-class maritime infrastructure in the
country.
The
partnership aims to jointly pursue opportunities in the construction of
commercial vessels and offshore structures, with an eye on catering to both
global markets and domestic maritime priorities. The association will allow
Swan Defence and Heavy Industries Limited and GRSE to combine their
capabilities in design, infrastructure, and project execution to create a
robust and scalable model for commercial shipbuilding. This MoU is also expected to facilitate the sharing of facilities,
co-development of standard vessel platforms, and coordinated project management
strategies to enable faster turnaround and greater cost-efficiency. The
partnership also envisions the evolution of a strong vendor and supply chain
ecosystem, driven by shared sourcing and procurement efficiencies. 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.
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.