Garden Reach Shipbuilders & Engineers (GRSE) has signed a $62.44 million contract.

✅ Contract with Germany’s Carsten Rehder for 4 hybrid multi-purpose vessels. ⚡ Strengthening India’s “Make in India, Make for World” shipbuilding push. 📈 Boosts GRSE’s global presence, revenue visibility & green tech portfolio. ⚠️ Watchpoints: execution timelines, raw material costs, forex risks. 💡 Big step towards sustainable & competitive shipbuilding for global markets.