The Next Generation Corvette project, under contracts signed on November 2, 2026, represents the first time Indian Navy warships are designed in-house by the Navy and built by Defence Public Sector Undertakings selected competitively

From the articleDefence ministry seals contracts worth over Rs 53,000 crore to procure 8 warships for NavyAlso in Defence ministry signs ₹53,867 crore deals for 8 next-generation Navy corvettes, Indian Navy to get 8 home-designed warships in Rs 53,866 crore deal: What sets them apart, Big Aatmanirbhar push: Defence ministry inks Rs 53,866cr contract with GRSE & GSL for 8 next-generation corvettes for Navy