Defence Minister Rajnath Singh stated that the Next Generation Corvette project under contracts signed on November 2, 2026 will bolster India's shipbuilding sector by fostering collaboration among public shipyards, private firms, and MSMEs

From the articleDefence ministry signs ₹53,867 crore deals for 8 next-generation Navy corvettesAlso in Big Aatmanirbhar push: Defence ministry inks Rs 53,866cr contract with GRSE & GSL for 8 next-generation corvettes for Navy