Private Sector

GRSE looking forward to engaging countries in eastern and western worlds: GRSE chairman

By Outlook

Garden Reach Shipbuilders and Engineers Ltd (GRSE) is looking at engaging customers both in the eastern and western worlds to export and manufacture defence platforms, its chairman Rear Admiral V K Saxena said.

The defence PSU will play a very crucial role in the country”s defence export target of five billion dollars by 2024-25, Saxena told PTI in an interview.

GRSE, which has a strong order book of Rs 26,544 crore from Indian Navy and Coast Guard, is in talks with countries like Philippines in the east and some in the western region as well, he said.

“GRSE is working very hard towards the export initiative. You might hear some good news in the next few months in regards to the export as indications are very positive”, Saxena said.

“We are in conversation and interactions through our missions in Philippines and other countries on the eastern side. We are also engaged on the western side,” he said but declined to elaborate either about the countries or the projects.

Asked about possible collaborations with Bangladesh, he said GRSE is hopeful of getting contracts of making bailey bridges for its army.

“We already have an MOU with Khulna shipyard, where there is a possibility of working together. We are also in touch through our high commission there … We may get some orders of bailey bridges for the Bangladesh army. There are some platforms on which they (Bangladesh) have shown interests,” he said.

On the ongoing projects of GRSE, Saxena said the warship maker has three major contracts and a strong order book of Rs 26,455 crore.

“In case we have orders from Navy or Coast Guard the order book is going to get stronger,” he said.

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