GARDEN REACH SHIPBUILDERS & ENGINEERS LTD. : CAPACITY EXPANSION THROUGH THREE NEW FACILITIES WORTH OVER RS 2670 CR

• Company undertaking capacity expansion initiatives at Raichak, Timber Pond facility -Shalimar and Damodar facility – Khidderpore Docks to strengthen indigenous shipbuilding capabilities and support future growth. • Capital expenditure cost of ₹2500 crore for Raichak, ₹100 crore for Timber Pond facility and ₹70 crore for Damodar facility, aggregating to ₹2670 crore. • Impact: Positive (Expansion of shipbuilding facilities to enhance capacity and support future growth)

Garden Reach Shipbuilders & Engineers Limited

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