West Bengal gets defence manufacturing projects worth Rs 3,500 crore
Defence Minister Rajnath Singh laid the foundation stones for five brownfield expansion projects of Garden Reach Shipbuilders and Engineers (GRSE) and Yantra India Ltd in West Bengal. The projects include three facilities of GRSE and two of Yantra India.
The projects represent a combined investment of nearly Rs 3,500 crore in the state and are aimed at expanding defence manufacturing and industrial capacity. According to GRSE, the company has signed lease agreements with Syama Prasad Mookerjee Port, Kolkata (SMPK) for two small shipyards located on either bank of the Hooghly, as well as a 32-acre riverside property at Raichak.
Also Read: Garden Reach Shipbuilders bags new order from ONGC