Garden Reach Shipbuilders & Engineers Limited — Updates, 20-03-2025: Press Release

Garden Reach Shipbuilders & Engineers Ltd. has signed a Memorandum of Understanding (MoU) with the Public Works Department (PWD) of Nagaland for the supply of eight sets of Double Lane Modular Steel Bridges. This landmark agreement represents GRSE's first collaboration with a North Eastern State, aligning with the Government of India's Make in India initiative aimed at fostering regional development. The MoU was executed by senior officials from both parties in Kohima. GRSE has an established record, having delivered over 5,800 Modular Bridges to various organizations, including the Border Roads Organisation and international clients. This strategic move could enhance GRSE's footprint in the North-East region, presenting potential growth opportunities for the company. Investors may want to watch closely as this development reflects GRSE's expanding operational capabilities and commitment to infrastructure improvement in India.