Kolkata, March 23 (IANS) After making India's first warship for export, the Garden Reach Shipbuilders and Engineers Ltd (GRSE) is negotiating for delivery of two light frigates to the Philippines, an official said here on Monday.
The GRSE-built offshore patrol vessel (OPV) CGS Barracuda was commissioned by the National Coast Guard of Mauritius earlier in the month at Port Louis Harbour during a visit by Prime Minister Narendra Modi.
"The success of Barracuda has generated a lot of interest in the GRSE among foreign countries. Right now we are doing a technical negotiation for two light frigates for Philippines," GRSE chairman and managing director Rear Admiral A.K. Verma (retd) said here.
"The price bids are being finalised. Our competitors are Europeans and (South) Korean firms, so it's a big challenge for us. But if we get it, it will be a very big achievement both for the GRSE and the country," said Verma.
Verma was speaking during the launch of a GRSE-built Landing Craft Utility (LCU) for the Indian Navy.
Verma said the defence miniratna PSU was in competition with six foreign ship yards including Navantia, Spain; STX France; and Hyundai, Daewoo, and STX from Korea.
The GRSE which delivered India's first indigenously-built stealth Anti-Submarine Warfare (ASW) Corvette, INS Kamorta, to the Indian Navy is working on 15 more ships.
"The INS Kamorta was the 93rd ship that we built and delivered. No other shipyard in the country has this recognition. Currently we are working on orders of 15 more ships for the navy," said Verma.
Why is there a war between Kejriwal and the central government over home delivery of ration
A war has broken out between Delhi Chief Minister Arvind Kejriwal and the central government over
Construction and infrastructure companies become pauper
The infrastructure of infrastructure sector companies in the country has been shaken. The recent
Sushant Case returned to Bihar from SIT flight after handing over the case to CBI
The late Bollywood actor Sushant Singh Rajput Case has returned from Patna Police SIT to Patna Po
In the future, people will have to take a booster dose even after two doses of the vaccine to pre
In the last 48 hours, 769 new cases of coronavirus (Covid-19 Cases Updates) were reported in the
South Korean Stock Market Surges 18% as AI Rally Returns; Samsung and SK Hynix Shares Jump Over 23%
South Korea's benchmark KOSPI index recorded its biggest-ever single-day percentage gain, soaring
Delhi Capitals have little time to dwell on the disappointing results of their recent matches, as
Why were Lalu and Nitish fielded in the by-elections for two assembly seats in Bihar?
The victory or defeat of any party in the by-elections to be held on October 30 at Tarapur and Ku
Sanctions to be banned in Maharashtra from 8 pm tonight, know what will be closed
Because of the fast-growing cases of Corona in Maharashtra, strict restrictions will be imposed t
ICAI CA Final, Inter Result May 2023 has been announced on 5th July 2023. The information about t
