Garden Reach Shipbuilders & Engineers (GRSE) has entered a Memorandum of Understanding (MoU) with the Andhra Pradesh Maritime Board, Government of Andhra Pradesh. The MoU aims to facilitate mutual cooperation for a project involving the setting up of a Green Field Shipyard in Andhra Pradesh. The agreement, signed on November 14, 2025, is non-binding in nature.
Andhra Pradesh Partnership
Garden Reach Shipbuilders & Engineers (GRSE) has announced that it has signed a Memorandum of Understanding (MoU) with the Andhra Pradesh Maritime Board, Government of Andhra Pradesh.
Shipyard Project
The MoU is focused on mutual cooperation to facilitate a specific project. This involves establishing a Green Field Shipyard within the state of Andhra Pradesh. The MoU was officially signed on November 14, 2025.
Non-Binding Agreement
It is important to note that the signed Memorandum of Understanding (MoU) is classified as non-binding in nature.
Source: BSE