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India Partners with Norway/Japan for Shipbuilding and Polar Research Vessel

  • On June 3, 2025, a memorandum of understanding was signed in Oslo between Kolkata-based shipbuilding firm GRSE and Norway’s Kongsberg to collaboratively design and construct India’s first indigenous Polar Research Vessel .
  • This partnership aligns with India’s strategic aim to enhance its polar research infrastructure, with specialized design support addressing the specific needs of the country’s premier polar and ocean research institute, while also advancing the Make in India initiative.
  • Kolkata-Based government shipbuilder GRSE, known for constructing warships as well as survey and scientific vessels, is set to construct a cutting-edge Polar Research Vessel outfitted with advanced instruments to support oceanographic and climate studies in polar areas.
  • GRSE's stock surged 10% on June 4, 2025, hitting a 52-week high with a 194% rise since March, backed by strong financials including a 62% revenue increase and a recommended Rs 4.9 dividend per share for FY25.
  • This project and the MoU reflect India's expanding maritime ambitions, enhancing scientific innovation and international cooperation while supporting economic growth, regional security, and sustainable development as emphasized by Minister Sarbananda Sonowal.
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India Shipping News broke the news in on Tuesday, June 3, 2025.
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