October 30, 2026

Centre Approves Eight Navy Warships Worth Over ₹40,000 Crore

New Delhi/Alive News: The Cabinet Committee on Security (CCS), chaired by Prime Minister Narendra Modi, has approved the construction of eight new corvettes for the Indian Navy at an estimated cost of more than ₹40,000 crore. Over 70% of the components used in the warships will be manufactured domestically, giving a boost to India’s indigenous defence manufacturing sector.

According to reports, construction of the first warship is expected to begin within a year, with its delivery targeted for 2030. The government is also exploring ways to reduce the overall construction timeline.

GRSE, Goa Shipyard to build warships

The eight corvettes will be constructed by two public sector shipbuilders — Garden Reach Shipbuilders and Engineers (GRSE), headquartered in Kolkata, and Goa Shipyard Limited (GSL). Contracts for the project are expected to be signed with the two companies in the coming days.

The project is expected to strengthen the Navy’s operational capabilities while supporting the government’s Aatmanirbhar Bharat initiative. It also aligns with India’s SAGAR vision, which focuses on security and growth across the Indian Ocean region.

The approval comes as the Navy continues to modernise its fleet amid growing maritime security challenges, including China’s expanding presence in the Indian Ocean. Other ongoing naval modernisation programmes include Nilgiri-class frigates, destroyers and fleet support ships.

Focus on indigenous warship production

On June 21, three indigenously built warships were commissioned into the Indian Navy at a ceremony attended by Prime Minister Narendra Modi. These included INS Sandhayak, INS Dunagiri and INS Agray, reflecting India’s continued push towards domestic warship manufacturing and enhanced maritime defence capabilities.