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GRSE's Indigenous Push in Defence Technology: Signs MoU with Centum Electronics for High-Tech Navigation System



Posted On : 2025-10-09 14:15:06( TIMEZONE : IST )

GRSE's Indigenous Push in Defence Technology: Signs MoU with Centum Electronics for High-Tech Navigation System

In a significant step towards advancing indigenous capability in high-technology navigation systems for the Indian Navy, Garden Reach Shipbuilders & Engineers Ltd. (GRSE), has signed a Memorandum of Understanding (MoU) with M/s Centum Electronics Limited, a Bengaluru based public limited company offering design, development and manufacturing of customised systems/subsystems for high reliability applications in Defence, Aerospace and Space, Industrial and Healthcare sectors. The MoU was signed on 08 Oct 2025 at GRSE Bhavan, Kolkata.

Cdr Shantanu Bose, IN (Retd), Director (Shipbuilding), GRSE, and Shri Nikhil Mallavarapu, Joint Managing Director, Centum Electronics Limited, signed the MoU in the presence of Cmde PR Hari, IN (Retd), Chairman & Managing Director, GRSE; & Shri Apparao V Mallavarapu, Chairman & Managing Director, Centum Electronics Limited. Also present during the occasion were Dr. Vinod S Chippalkatti, President (SEBU), Centum Electronics Limited; Shri R Venkatasubramanian, General Manager, Centum T&S Pvt Ltd, Cmde Rajiv Sreedharan, IN(Retd.), Chief General Manager (Design), GRSE and other senior officials from GRSE.

The MoU establishes a collaborative framework between GRSE & Centum Electronics which aimed at the joint research and development (R&D) of Advanced Naval Navigation Systems. This partnership shall focus on leveraging and enhancing manufacturing infrastructure for components and sub-assemblies of these systems including Onboard Installation, Integration, Setting to Work and Trials, and shall also provide services for the modernization and upgrade of existing Systems.

This collaboration represents an important milestone in GRSE's continued efforts to expand its technological horizons and support the Government of India's 'Aatmanirbhar Bharat' initiative by fostering indigenous R&D and manufacturing in advanced defence systems.

Shares of Garden Reach Shipbuilders & Engineers Limited was last trading in BSE at Rs. 2683.75 as compared to the previous close of Rs. 2711.45. The total number of shares traded during the day was 116824 in over 8460 trades.

The stock hit an intraday high of Rs. 2736.45 and intraday low of 2662.90. The net turnover during the day was Rs. 315313562.00.

Source : Equity Bulls

Keywords

GardenReachShipbuildersandEngineers INE382Z01011 GRSE MoU CentumElectronics