Garden Reach Shipbuilders & Engineers: Difference between revisions

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{{Short description|Indian shipbuilders in Kolkata}}
{{Distinguish|Garden Reach}}
{{Distinguish|Garden Reach}}
{{Use dmy dates|date=July 2016}}
{{Use dmy dates|date=July 2016}}
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| logo = Garden Reach Shipbuilders & Engineers.svg
| logo = Garden Reach Shipbuilders & Engineers.svg
| type = [[Public sector undertakings in India|Public Sector Undertaking]]
| type = [[Public sector undertakings in India|Public Sector Undertaking]]
| traded_as = {{BSE|542011}} <br/>{{NSE|GRSE}}
| traded_as = {{BSE|542011}} <br />{{NSE|GRSE}}
| area_served = Worldwide
| area_served = Worldwide
| key_people = Rear Admiral Vipin Kumar Saxena (retd) <br>{{small|([[Chairman]] & [[Managing Director|MD]])}}
| key_people = Cmde PR Hari,IN (Retd.) <br />{{small|([[Chairman]] & [[Managing Director|MD]])}} (Officiating)
| industry = [[Shipbuilding]]
| industry = [[Shipbuilding]]
| products = [[Naval ship]]s <br/> [[Tanker (ship)|Tankers]] <br/> [[Bulk carrier]]s <br/> [[Platform supply vessel]]s <br/> Naval diesel engines
| products = [[Naval ship]]s <br /> [[Tanker (ship)|Tankers]] <br /> [[Bulk carrier]]s <br /> [[Platform supply vessel]]s <br /> Naval diesel engines
| services = Ship design<br/>Ship building<br/>Ship repair
| services = Ship design<br />Ship building<br />Ship repair
| revenue = {{increase}}{{INRConvert|1658.79|c}} (2020)<ref name="Garden Reach Shipbuilders & Engineers 2020">[http://www.grse.in/pdf/investors/Audited_Financial_Results_for_the_quarterandyear_ended_31Mar2020%20and%20Recom%20of%20Div.pdf "Balance Sheet 31.03.2020"].</ref>
| revenue = {{increase}}{{INRConvert|1658.79|c}} (2020)<ref name="Garden Reach Shipbuilders & Engineers 2020">[http://www.grse.in/pdf/investors/Audited_Financial_Results_for_the_quarterandyear_ended_31Mar2020%20and%20Recom%20of%20Div.pdf "Balance Sheet 31.03.2020"].</ref>
| operating_income = {{increase}}{{INRConvert|225.20|c}} (2020)<ref name="Garden Reach Shipbuilders & Engineers 2020"/>
| operating_income = {{increase}}{{INRConvert|225.20|c}} (2020)<ref name="Garden Reach Shipbuilders & Engineers 2020"/>
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| assets = {{increase}}{{INRConvert|5384.14|c}} (2020)<ref name="Garden Reach Shipbuilders & Engineers 2020"/>
| assets = {{increase}}{{INRConvert|5384.14|c}} (2020)<ref name="Garden Reach Shipbuilders & Engineers 2020"/>
| equity = {{Increase}}{{INRConvert|1040.23|c}} (2020)<ref name="Garden Reach Shipbuilders & Engineers 2020"/>
| equity = {{Increase}}{{INRConvert|1040.23|c}} (2020)<ref name="Garden Reach Shipbuilders & Engineers 2020"/>
| num_employees = 2100 (March 2019)<ref>http://www.grse.in/pdf/investors/Annual%20Report%202018-19_GRSE.pdf</ref>
| num_employees = 1900 (March 2021)<ref>http://www.grse.in/pdf/investors/Annual%20Report%202018-19_GRSE.pdf {{Bare URL PDF|date=March 2022}}</ref>
| parent =  
| parent =  
| divisions =  
| divisions =  
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| footnotes =  
| footnotes =  
| intl =  
| intl =  
| foundation = 1884
| foundation = {{start date and age|1884}}
| location_city = [[Kolkata]]
| location_city = [[Kolkata]]
| location_country = [[India]]
| location_country = [[India]]
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GRSE has a [[dry dock]] for ships up to {{DWT|26,000|metric|disp=long}}. It has a building berth and two slipways for [[hull (watercraft)|hull]] construction. It has a covered all-weather non-tidal wet basin for [[fitting-out]] medium and small ships and another fitting-out complex for ships with three [[Berth (moorings)|berth]]s alongside. In addition, it has two river [[jetty|jetties]] for berthing smaller vessels up to {{convert|60|m|ft}} in length. GRSE has engine repair and overhaul facilities in Ranchi.
GRSE has a [[dry dock]] for ships up to {{DWT|26,000|metric|disp=long}}. It has a building berth and two slipways for [[hull (watercraft)|hull]] construction. It has a covered all-weather non-tidal wet basin for [[fitting-out]] medium and small ships and another fitting-out complex for ships with three [[Berth (moorings)|berth]]s alongside. In addition, it has two river [[jetty|jetties]] for berthing smaller vessels up to {{convert|60|m|ft}} in length. GRSE has engine repair and overhaul facilities in Ranchi.


GRSE Ranchi diesel engine plant (licensed engines) <ref name="grse.in">http://www.grse.in/index.php/infrastructure/engine/diesel-engine-plant-ranchi.html</ref>
GRSE Ranchi diesel engine plant (licensed engines) <ref name="grse.in">{{Cite web|url=http://www.grse.in/index.php/infrastructure/engine/diesel-engine-plant-ranchi.html|title = Garden Reach Shipbuilders & Engineers LTD.- Government of India Undertaking - Diesel Engine Plant Ranchi}}</ref>


On 1 July 2006, GRSE acquired the loss-making Rajabagan Dockyard (RBD) of Central Inland Water Transport Corporation (CIWTC). RBD's facilities with its {{convert|600|m}} waterfront helped alleviate some of GRSE's space constraints and increase its production capacity.<ref name=bs-rajabagan>{{cite news|url=http://www.business-standard.com/india/news/grse-takes-over-rajabagan-dockyardciwtc/251347/|title=GRSE takes over Rajabagan Dockyard of CIWTC|work =Business Standard|date=11 July 2006|access-date=21 February 2015}}</ref>
On 1 July 2006, GRSE acquired the loss-making Rajabagan Dockyard (RBD) of Central Inland Water Transport Corporation (CIWTC). RBD's facilities with its {{convert|600|m}} waterfront helped alleviate some of GRSE's space constraints and increase its production capacity.<ref name=bs-rajabagan>{{cite news|url=http://www.business-standard.com/india/news/grse-takes-over-rajabagan-dockyardciwtc/251347/|title=GRSE takes over Rajabagan Dockyard of CIWTC|work =Business Standard|date=11 July 2006|access-date=21 February 2015}}</ref>
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===Naval vessels===
===Naval vessels===
[[File:Launching of Yard 2095 (3).jpg|thumb|right|Launching ceremony of the fourth ship in the Landing Craft Utility (LCU) Mk IV project, 23 Mar 2011. ]]
[[File:Launching of Yard 2095 (3).jpg|thumb|right|Launching ceremony of the fourth ship in the Landing Craft Utility (LCU) Mk IV project, 23 Mar 2011.]]
GRSE has designed and built a number of warships and patrol vessels for the [[Indian Navy]] and the [[Indian Coast Guard|Coast Guard]]. Vessels built at GRSE include [[guided-missile frigate]]s, [[corvette]]s, [[fleet tanker]]s, [[Fast Attack Craft|fast patrol vessels]], [[amphibious warfare]] vessels and [[hovercraft]].<ref name=gs/>
GRSE has designed and built a number of warships and patrol vessels for the [[Indian Navy]] and the [[Indian Coast Guard|Coast Guard]]. Vessels built at GRSE include [[guided-missile frigate]]s, [[corvette]]s, [[fleet tanker]]s, [[Fast Attack Craft|fast patrol vessels]], [[amphibious warfare]] vessels and [[hovercraft]].<ref name=gs/>


GRSE has built the {{sclass-|Aditya|auxiliary ship|1}}, {{sclass-|Brahmaputra|frigate|1}}s, two {{sclass-|Khukri|corvette|5}} and {{sclass-|Kora|corvette|1}}s. It constructed all the patrol vessels of the {{sclass-|Seaward|defense boats|5}}, {{sclass-|Trinkat|patrol vessel|5}}, {{sclass-|Bangaram|patrol vessel|5}}, and {{sclass-|Car Nicobar|patrol vessel|4}}es.<ref>{{cite news|url = http://www.globalsecurity.org/military/world/india/p-trinkat.htm|date =9 July 2011 |title = Trinkat Class|access-date = 21 February 2015|publisher = GlobalSecurity.org}}</ref><ref>{{cite news|url = http://www.bharat-rakshak.com/NAVY/Bangaram.html|title =  Bangaram Class|access-date = 21 February 2015|publisher = Bharat Rakshak |archive-url = https://web.archive.org/web/20061012222747/http://www.bharat-rakshak.com/NAVY/Bangaram.html  |archive-date = 12 October 2006}}</ref>
GRSE has built the {{sclass|Aditya|auxiliary ship|1}}, {{sclass|Brahmaputra|frigate|1}}s, two {{sclass|Khukri|corvette|5}} and {{sclass|Kora|corvette|1}}s. It constructed all the patrol vessels of the {{sclass|Seaward|defense boats|5}}, {{sclass|Trinkat|patrol vessel|5}}, {{sclass|Bangaram|patrol vessel|5}}, and {{sclass|Car Nicobar|patrol vessel|4}}es.<ref>{{cite news|url = http://www.globalsecurity.org/military/world/india/p-trinkat.htm|date =9 July 2011 |title = Trinkat Class|access-date = 21 February 2015|publisher = GlobalSecurity.org}}</ref><ref>{{cite news|url = http://www.bharat-rakshak.com/NAVY/Bangaram.html|title =  Bangaram Class|access-date = 21 February 2015|publisher = Bharat Rakshak |archive-url = https://web.archive.org/web/20061012222747/http://www.bharat-rakshak.com/NAVY/Bangaram.html  |archive-date = 12 October 2006}}</ref>


Among the [[amphibious warfare]] vessels, it has built are the {{sclass-|Magar|amphibious warfare vessel|5}} and {{sclass-|Shardul|tank landing ship|4}}es.<ref>{{cite news|url = http://www.hindu.com/2007/01/05/stories/2007010501452000.htm|archive-url = https://web.archive.org/web/20070107063735/http://www.hindu.com/2007/01/05/stories/2007010501452000.htm|url-status = dead|archive-date = 7 January 2007|date = 5 January 2007|title = INS Shardul dedicated|access-date = 21 February 2015 |last=Habbu |work = [[The Hindu]]|first=R.S.}}</ref> In September 2011, it was awarded a ₹2,176 crore contract for building eight [[landing craft utility]] vessels.<ref name=toi-amphi>{{cite news|url=http://timesofindia.indiatimes.com/india/Amphibious-vessels-to-strengthen-Navy/articleshow/9928788.cms |last=Pandit |first=Ranjat |title=Amphibious vessels to strengthen Navy|work=The Times of India|date=10 September 2011 |access-date=21 February 2015}}</ref>
Among the [[amphibious warfare]] vessels, it has built are the {{sclass|Magar|amphibious warfare vessel|5}} and {{sclass|Shardul|tank landing ship|4}}es.<ref>{{cite news|url = http://www.hindu.com/2007/01/05/stories/2007010501452000.htm|archive-url = https://web.archive.org/web/20070107063735/http://www.hindu.com/2007/01/05/stories/2007010501452000.htm|url-status = dead|archive-date = 7 January 2007|date = 5 January 2007|title = INS Shardul dedicated|access-date = 21 February 2015 |last=Habbu |work = [[The Hindu]]|first=R.S.}}</ref> In September 2011, it was awarded a ₹2,176 crore contract for building eight [[landing craft utility]] vessels.<ref name=toi-amphi>{{cite news|url=http://timesofindia.indiatimes.com/india/Amphibious-vessels-to-strengthen-Navy/articleshow/9928788.cms |last=Pandit |first=Ranjat |title=Amphibious vessels to strengthen Navy|work=The Times of India|date=10 September 2011 |access-date=21 February 2015}}</ref>


It has been awarded a contract to build four {{sclass-|Kamorta|corvette|1}}s.<ref name="grse1"/> On 18 February 2015, the Indian government approved the construction of seven {{sclass2-|Project 17A|frigate}}s, three of which will be constructed by Garden Reach Shipbuilding.<ref name=pandit>{{cite news|url=http://timesofindia.indiatimes.com/india/Govt-approves-construction-of-7-stealth-frigates-6-nuclear-powered-submarines/articleshow/46281364.cms |title=Govt approves construction of 7 stealth frigates, 6 nuclear-powered submarines |last=Pandit |first=Ranjat |work=Times of India |date=18 February 2015 |access-date=21 February 2015}}</ref>
It has been awarded a contract to build four {{sclass|Kamorta|corvette|1}}s.<ref name="grse1"/> On 18 February 2015, the Indian government approved the construction of seven {{sclass2|Project 17A|frigate}}s, three of which will be constructed by Garden Reach Shipbuilding.<ref name=pandit>{{cite news|url=http://timesofindia.indiatimes.com/india/Govt-approves-construction-of-7-stealth-frigates-6-nuclear-powered-submarines/articleshow/46281364.cms |title=Govt approves construction of 7 stealth frigates, 6 nuclear-powered submarines |last=Pandit |first=Ranjat |work=Times of India |date=18 February 2015 |access-date=21 February 2015}}</ref>


===Exports===
===Exports===
[[File:MCGS Barracuda at sea.jpg|thumb|MCGS ''[[Barracuda]]'' at sea during delivery]]
GRSE delivered the corvette {{ship|MCGS|Barracuda}} to Mauritius on 20 December 2014. The contract was worth $58.5 million.<ref name=etGRSEExport>{{Cite news |url=http://economictimes.indiatimes.com/news/politics-and-nation/india-to-deliver-corvette-class-warship-to-mauritius-on-december-20/articleshow/45564033.cms |title=India to deliver corvette class warship to Mauritius on December 20 |journal=The Economic Times | date=18 December 2014 | access-date=21 February 2015 }}</ref> With this, India will join the elite club of warship exporters. The Mauritius offshore patrol vessel has an integrated bridge system and cutting edge controls and main engines and can support 83 member crew. It measures {{convert|74.10|m|ft}} in length and {{convert|11.40|m|ft}} in breadth and will be capable of moving at a maximum speed of {{convert|22|kn|km/h}} with an approximate displacement of 1,350 tonnes.
GRSE delivered the corvette {{ship|MCGS|Barracuda}} to Mauritius on 20 December 2014. The contract was worth $58.5 million.<ref name=etGRSEExport>{{Cite news |url=http://economictimes.indiatimes.com/news/politics-and-nation/india-to-deliver-corvette-class-warship-to-mauritius-on-december-20/articleshow/45564033.cms |title=India to deliver corvette class warship to Mauritius on December 20 |journal=The Economic Times | date=18 December 2014 | access-date=21 February 2015 }}</ref> With this, India will join the elite club of warship exporters. The Mauritius offshore patrol vessel has an integrated bridge system and cutting edge controls and main engines and can support 83 member crew. It measures {{convert|74.10|m|ft}} in length and {{convert|11.40|m|ft}} in breadth and will be capable of moving at a maximum speed of {{convert|22|kn|km/h}} with an approximate displacement of 1,350 tonnes.


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[[Category:Indian companies established in 1884]]
[[Category:Indian companies established in 1884]]
[[Category:Manufacturing companies established in 1884]]
[[Category:Manufacturing companies established in 1884]]
[[Category:Companies listed on the National Stock Exchange of India]]
[[Category:Companies listed on the Bombay Stock Exchange]]

Revision as of 19:55, 7 June 2022


Not to be confused with Garden Reach.

Garden Reach Shipbuilders & Engineers Ltd
Traded asBSE: 542011
NSE: GRSE
IndustryShipbuilding
Founded1884; 141 years ago (1884)
Headquarters
Kolkata
,
India
Area served
Worldwide
Key people
Cmde PR Hari,IN (Retd.)
(Chairman & MD) (Officiating)
ProductsNaval ships
Tankers
Bulk carriers
Platform supply vessels
Naval diesel engines
ServicesShip design
Ship building
Ship repair
RevenueIncrease₹1,658.79 crore (US$190 million) (2020)[1]
Increase₹225.20 crore (US$26 million) (2020)[1]
Increase₹163.48 crore (US$19 million) (2020)[1]
Total assetsIncrease₹5,384.14 crore (US$620 million) (2020)[1]
Total equityIncrease₹1,040.23 crore (US$120 million) (2020)[1]
Number of employees
1900 (March 2021)[2]
Websitewww.grse.in

Garden Reach Shipbuilders & Engineers Ltd, abbreviated as GRSE, is one of India's leading shipyards, located in Kolkata, West Bengal.[3] It builds and repairs commercial and naval vessels.[4] Presently GRSE has also started building export ships in a mission to expand its business.

Founded in 1884 as a small privately owned company on the eastern bank of the Hooghly River, it was renamed as Garden Reach Workshop in 1916. The company was nationalised by the Government of India in 1960.[5] It was awarded the Miniratna status, with accompanying financial and operational autonomy in September 2006.[6] It is first Indian shipyard to build 100 warships.[7]

Facilities

GRSE has ship building facilities in Kolkata and Ranchi.

It has a large Computer Aided Design (CAD) centre for ship modelling and design. There are four workshops for plate preparation and steel fabrication.

GRSE has a dry dock for ships up to Template:DWT. It has a building berth and two slipways for hull construction. It has a covered all-weather non-tidal wet basin for fitting-out medium and small ships and another fitting-out complex for ships with three berths alongside. In addition, it has two river jetties for berthing smaller vessels up to 60 metres (200 ft) in length. GRSE has engine repair and overhaul facilities in Ranchi.

GRSE Ranchi diesel engine plant (licensed engines) [8]

On 1 July 2006, GRSE acquired the loss-making Rajabagan Dockyard (RBD) of Central Inland Water Transport Corporation (CIWTC). RBD's facilities with its 600 metres (2,000 ft) waterfront helped alleviate some of GRSE's space constraints and increase its production capacity.[9]

As of 2011, the shipyard is undergoing a ₹530 crore (US$61 million) upgrade programme, expected to be completed by March 2012.[10] The second phase of the upgrade programme began in June 2013.[11]

Vessels built

Commercial vessels

Among commercial and scientific ships, GRSE builds oceanographic and hydrographic research vessels, marine acoustic research ships, non-propelled dredgers, grab hopper dredgers, trailing suction hopper dredgers, tugboats, and bulk carriers.

Naval vessels

Launching ceremony of the fourth ship in the Landing Craft Utility (LCU) Mk IV project, 23 Mar 2011.

GRSE has designed and built a number of warships and patrol vessels for the Indian Navy and the Coast Guard. Vessels built at GRSE include guided-missile frigates, corvettes, fleet tankers, fast patrol vessels, amphibious warfare vessels and hovercraft.[4]

GRSE has built the -class auxiliary ship, -class frigates, two [[]] and -class corvettes. It constructed all the patrol vessels of the [[]], [[]], [[]], and classes.[12][13]

Among the amphibious warfare vessels, it has built are the [[]] and classes.[14] In September 2011, it was awarded a ₹2,176 crore contract for building eight landing craft utility vessels.[15]

It has been awarded a contract to build four -class corvettes.[3] On 18 February 2015, the Indian government approved the construction of seven -class frigates, three of which will be constructed by Garden Reach Shipbuilding.[16]

Exports

MCGS Barracuda at sea during delivery

GRSE delivered the corvette MCGS Barracuda to Mauritius on 20 December 2014. The contract was worth $58.5 million.[17] With this, India will join the elite club of warship exporters. The Mauritius offshore patrol vessel has an integrated bridge system and cutting edge controls and main engines and can support 83 member crew. It measures 74.10 metres (243.1 ft) in length and 11.40 metres (37.4 ft) in breadth and will be capable of moving at a maximum speed of 22 knots (41 km/h) with an approximate displacement of 1,350 tonnes.

GRSE has been short-listed for a patrol boat project for Vietnam worth ₹600 crore (US$69 million) and is also bidding for an order of two frigates for Philippines.[17][18]

GRSE was the lowest bidder to supply two light frigates to Philippines and hopes to receive the contract worth more than $321 million in the next two months.[when?] A total of four firms joined the bidding for the Philippine Navy project: GRSE; Hyundai Heavy Industries Inc. and Daewoo Shipbuilding & Marine Engineering Co. Ltd., both from South Korea; and Navantia S.A. of Spain. GRSE's light frigate will be a design based on the Indian Navy's Kamorta-class anti-submarine corvette and will be capable of withstanding Sea State 7, which means it can withstand a wave height of up to 9 metres.

References

  1. ↑ 1.0 1.1 1.2 1.3 1.4 "Balance Sheet 31.03.2020".
  2. ↑ http://www.grse.in/pdf/investors/Annual%20Report%202018-19_GRSE.pdf Template:Bare URL PDF
  3. ↑ 3.0 3.1 Kumar, Vinay (27 March 2013). "Third anti-submarine warfare corvette launched in Kolkata". The Hindu. Retrieved 21 February 2015.
  4. ↑ 4.0 4.1 "Garden Reach Shipbuilders & Engineers (GRSE)". GlobalSecurity.org. 9 July 2011. Retrieved 21 February 2015.
  5. ↑ "Historical Background". Garden Reach Shipbuilders & Engineers Limited. Retrieved 29 March 2021.
  6. ↑ "Shipping Corporation of India". india.gov.in. Archived from the original on 22 April 2009. Retrieved 9 September 2011.
  7. ↑ "GRSE to be first shipyard in India to make 100 warships". www.defencenews.in. Archived from the original on 18 November 2016. Retrieved 18 November 2016.
  8. ↑ "Garden Reach Shipbuilders & Engineers LTD.- Government of India Undertaking - Diesel Engine Plant Ranchi".
  9. ↑ "GRSE takes over Rajabagan Dockyard of CIWTC". Business Standard. 11 July 2006. Retrieved 21 February 2015.
  10. ↑ "Annual Report 2010-11" (PDF). Garden Reach Shipbuilders & Engineers Limited. Archived from the original (PDF) on 9 August 2011. Retrieved 9 September 2011.
  11. ↑ "About Us". Garden Reach Shipbuilders. Retrieved 21 February 2015.
  12. ↑ "Trinkat Class". GlobalSecurity.org. 9 July 2011. Retrieved 21 February 2015.
  13. ↑ "Bangaram Class". Bharat Rakshak. Archived from the original on 12 October 2006. Retrieved 21 February 2015.
  14. ↑ Habbu, R.S. (5 January 2007). "INS Shardul dedicated". The Hindu. Archived from the original on 7 January 2007. Retrieved 21 February 2015.
  15. ↑ Pandit, Ranjat (10 September 2011). "Amphibious vessels to strengthen Navy". The Times of India. Retrieved 21 February 2015.
  16. ↑ Pandit, Ranjat (18 February 2015). "Govt approves construction of 7 stealth frigates, 6 nuclear-powered submarines". Times of India. Retrieved 21 February 2015.
  17. ↑ 17.0 17.1 "India to deliver corvette class warship to Mauritius on December 20". The Economic Times. 18 December 2014. Retrieved 21 February 2015.
  18. ↑ "MCGS Barracuda-First India's warship export to Mauritius". Affairscloud. 18 December 2014. Retrieved 21 February 2015.


Coordinates: 22°32′16.9″N 88°17′48.78″E / 22.538028°N 88.2968833°E / 22.538028; 88.2968833

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