India Seals Contracts for 8 Warships Worth Rs 53,866 Crore

The Indian defence ministry has signed contracts with two state-run shipbuilders to procure eight warships for the Indian Navy. The projects will be indigenously designed and constructed by Defence Public Sector Undertakings, marking a significant milestone in India's indigenous warship design capabilities. The contracts are worth Rs 53,866 crore and will see Garden Reach Shipbuilders & Engineers Limited and Goa Shipyard Limited construct five and three warships respectively.