GRSE's first major foray into commercial shipbuilding

GRSE and DEMPO Group signed MoU to build commercial vessels

The agreement will see both companies collaborate to build vessels at three shipyards in Goa and Bhavnagar. The agreement will see both companies collaborate to build vessels at three shipyards in Goa and Bhavnagar.

This will help to compete with low-cost shipbuilders in China, Vietnam, and Turkey.