Garden Reach signs contract with Geological Survey of India

Garden Reach Shipbuilders and Engineers (GRSE) signed a contract for construction of two Coastal Research Vessels (CRVs) for the Geological Survey of India (GSI), on Wednesday, June 11, 2025.

The contract for the two Coastal Research Vessels (CRVs) was signed by Cdr Shantanu Bose, Director (Shipbuilding), GRSE and Dr N. M. Shareef, Deputy
Director General & HoD, Marine & Coastal Survey Division, GSI, in the presence of Shri Asit Saha, Director General, GSI, and other senior officials from GRSE & GSI.

The signing of this contract highlights GRSE’s expertise in the field of research platforms. The shipyard is currently building an Ocean Research Vessel (ORV) for the National Centre for Polar and Ocean Research (NCPOR), under the Ministry of Earth Sciences, Government of India, and an Acoustic Research Ship (ARS) for the Naval Physical and Oceanographic Laboratory (NPOL), an establishment under the Defence Research and Development Organisation (DRDO).

At 2.20 pm, Garden Reach Shipbuilders and Engineers was trading at Rs. 3,094.90, down by 4.28%, with a volume of 2.23 lakh shares on the BSE.