By IANS,
Kolkata: Garden Reach Shipbuilders & Engineers Ltd (GRSE) has embarked upon modernisation of its shipbuilding facilities at an estimated cost of about Rs.530 crore, Minister of State for Defence Pallam Raju said Monday.
This will also enable the shipyard to construct larger warships within shorter span of time, he said. The project is expected to be completed by 2011.
Once completed, the shipyard will be able to construct warships under the modular construction technology in a much shorter time frame.
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