Cabinet Approves Rs 40,000-Crore Project for Eight Next-Gen Warships
The Cabinet Committee on Security, led by Prime Minister Narendra Modi, has approved a Rs 40,000-crore project to build eight Next-Generation Corvettes for the Indian Navy. These warships, featuring indigenous stealth designs, will be built by Garden Reach Shipbuilders & Engineers and Goa Shipyard Limited. The first ship is expected by 2030, enhancing India's maritime security and defence manufacturing.
Economic Times·


