Garden Reach Shipbuilders & Engineers (GRSE) has entered into a non-binding Memorandum of Understanding (MoU) with Medha Servo Drives Pvt Ltd. The collaboration is aimed at the joint manufacturing of advanced electrical and electronic equipment and systems.
What Happened: The Kolkata-based shipbuilding company, GRSE, announced its partnership with the Hyderabad-based Medha Servo Drives Pvt Ltd on Tuesday. The companies plan to jointly manufacture advanced electrical and electronic equipment and systems.
The MoU is designed to combine GRSE’s extensive shipbuilding experience and system integration with Medha Servo Drives’ technological expertise in electrical and electronic equipment. The company stated in a press release, “This tie-up will be a major boost to the Government of India’s Atmanirbharta and ‘Make in India’ initiatives.” The financial impact of the MoU is yet to be determined.
GRSE has a history of delivering 109 warships to India’s maritime defence forces and is also a pioneer in the field of portable steel bridges. The company has diversified into fields such as ship repairs and refits and the manufacture of 30 mm Naval Surface Guns (NSGs).
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Medha Servo Drives Pvt Ltd, established in 1984, is a player in India’s rail transportation sector. The company has diversified its product portfolio to include Solar inverters and Electric Vehicle Propulsion Systems.
This partnership comes on the heels of GRSE’s recent collaborations with Merlinhawk Aerospace and KELTRON, aimed at developing composite doors and hatches for naval ships, counter UAV solutions, composite masts for Indian Navy ships, and hydrogen fuel cells-based power generation for maritime applications.
Earlier this month, GRSE won the ₹840 crore contract from the National Centre for Polar & Ocean Research for the construction and delivery of an ocean research vessel. The company is also reportedly in the running for a massive ₹70,000 crore order for warships from the Defence Ministry, alongside Mazagon Dock Shipbuilders.
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