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Rs 40K Crore Deal: 8 New Stealth Corvettes for India

Summary

  • Eight next-generation stealth corvettes to be built in India.
  • Project worth over Rs 40,000 crore approved by CCS.
  • First vessel delivery targeted by 2030 for naval modernization.

The Indian Navy is poised to induct eight advanced, next-generation stealth corvettes, following a significant defense project approval valued at over Rs 40,000 crore. This landmark order has been awarded to state-owned shipbuilders Garden Reach Shipbuilders & Engineers (GRSE) and Goa Shipyard Limited (GSL).

The Cabinet Committee on Security (CCS) greenlit the project, underscoring its strategic importance for national defense and indigenous manufacturing. Both GRSE and GSL will construct the eight vessels, which will feature an indigenous stealth design conceptualized by the Indian Navy.

These multi-role platforms are designed for high-speed surface combat operations and maritime security. Each is expected to displace around 2,000 tonnes and reach speeds of approximately 30 knots. The first corvette is projected for delivery by 2030, with efforts to potentially expedite this timeline.

This initiative aligns with India's broader 'Atmanirbhar Bharat' (self-reliant India) and SAGAR (Security and Growth for All in the Region) visions. It aims to bolster domestic defense shipbuilding capabilities, enhance naval modernization, and expand operational presence in the Indian Ocean Region.

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