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Harika Enjamuri

9th Jun 2025 · SEBI-Registered Analyst

Garden Reach Signs Strategic MoUs in Europe; Order Book Approaches ₹47,680 Cr

GRSE
has signed two important international MoUs, one with Sweden’s Berg Propulsion for marine propulsion systems and another with Denmark’s SunStoke for future collaboration on expedition cruise vessels. These partnerships aim to combine global expertise with GRSE’s strong shipbuilding capabilities to tap into both defence and commercial marine opportunities. The company’s growing international engagement comes on the back of three MoUs and one memorandum of incorporation signed just last week. With a strong pipeline including Next Generation Corvettes, GRSE’s total order book now stands close to ₹47,680 crore, further reinforcing its leadership in India’s shipbuilding and defence manufacturing space. Follow me for more such posts, Thank You! Disclaimer: This post is for informational purposes only and not a recommendation to buy or sell any securities. I, or my family, associates, or relatives, may have a financial interest in the securities mentioned.

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