Centre Approves ₹40,000 Crore Project to Build Eight Next-Generation Stealth Warships for Indian Navy

Brief by Shorts91 Newsdesk / 07:39am on 31 Oct 2026,Saturday India

The Cabinet Committee on Security (CCS), chaired by Prime Minister Narendra Modi, has approved a project worth over ₹40,000 crore to build eight Next-Generation Corvettes for the Indian Navy. The warships will be constructed by Kolkata-based Garden Reach Shipbuilders and Engineers (GRSE) and Goa Shipyard Limited (GSL). Each vessel will weigh approximately 2,000 tonnes, reach speeds of around 30 knots and feature indigenous stealth technology. Equipped for anti-aircraft, anti-submarine and anti-surface warfare, the vessels will strengthen maritime security. The project will have over 70% indigenous content, with the first delivery targeted for 2030. 

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