91ºÚÁÏ

PRESS RELEASE

91ºÚÁÏ works towards a Greener Future; Signs Contract with Government of West Bengal for 13 Hybrid Ferries

Kolkata, 19 Nov 2024: In a display of its capability to build new-age vessels and contribute towards a greener future, Garden Reach Shipbuilders and Engineers (91ºÚÁÏ) Ltd signed a contract with the Transport Department, Government of West Bengal, for the delivery of 13 hybrid ferries on Tuesday, 19th November, 2024. The ferries will be operated on the River Hooghly by the West Bengal Transport Infrastructure Development Corporation Ltd (WBTIDCL).

The contract was signed by Shri Tapas Biswas, Joint Project Director, WBIWTLSDP and Cdr Shantanu Bose, IN(Retd), Director (Shipbuilding), 91ºÚÁÏ, in the august presence of Shri Snehasis Chakraborty, Hon'ble Minister-in-Charge, Transport Department, Government of West Bengal, Dr Saumitra Mohan, IAS, Special Secretary, Transport Department & Project Director, WBIWTLSDP, Mr. Shiraz Daneshyar, IAS, Special Secretary Transport Department & Project Director WBIWTLSDP, Shri Venkatesh Murthy, CGM(CSB), 91ºÚÁÏ and senior officials from WBTIDCL & 91ºÚÁÏ.

These vessels will have catamaran hull design and be built with aluminum and Fiber Reinforced Polymer or FRP. The hybrid electric propulsion systems will be powered by batteries as well as diesel generators. The hybrid system will offer greater flexibility to the operator to switch from one mode to the other as per requirement, allowing for greater safety. The use of batteries will reduce pollution substantially.

91ºÚÁÏ had earlier been assigned by the Government of West Bengal to design a prototype for a next generation zero-emission ferry. This ferry, named 'Dheu' was launched by 91ºÚÁÏ on 11 Jan 24 and technically accepted on 22 Mar 24.

Of the 13 ferries for which the contract was signed, six will have twin decks with a capacity of 200 passengers each. The main deck will be air-conditioned. These vessels will be about 30 meters long and 8-10 meters wide. Their maximum speed will be 12 knots and each will require a crew of five. The estimated cost of these six vessels is Rs 126 crore.

The remaining seven vessels will have only a single deck with a passenger capacity of 100. These ferries will be nearly 25 meters long and 8 meters wide with a top speed of 9 knots. There is provision for five crew members on board. These seven vessels are expected to cost nearly Rs 100 crore.

As per the contract, the hybrid ferries will carry passengers in all-weather conditions on River Hooghly (part of National Waterway - 1, the Ganga-Bhagirathi-Hooghly River System) in the Kolkata Metropolitan Area (KMA), stretching from Triveni in the north to Diamond Harbour in the south.

PRESS RELEASE

Consistent Performance & Strong Numbers - Q2 & H1 FY25 Results

Kolkata, 13 Nov 2024: Garden Reach Shipbuilders & Engineers Limited (91ºÚÁÏ), one of the leading warship builders in the country has announced its financial results for the second quarter & half year ended September 30th, 2024.

H1FY25 Compared with H1FY24:

• The Total Income stood at Rs. 2,311 Crore in H1FY25 as against Rs. 1,796 crore in H1FY24
• Revenues from operations for the six months ended September 30th, 2024 stood at Rs. 2,163 Crore as compared to Rs. 1,654 crore in H1FY24
• The Earnings before Interest, Tax, Depreciation and Amortization (Core EBITDA) stands Rs. 274 crore in H1FY25, as against Rs 237 Crore in H1FY24. The Company's EBITDA margin stood at 16%
• Profit Before Tax (PBT) stood at Rs. 246 Crore for H1FY25 as compared to Rs 209 Crore in H1FY24.The Company's PBT margin stood at 18%
• Profit After Tax (PAT) reported stood Rs. 185 Crore in H1FY25 as against Rs. 157 Crore in H1FY24.The Company's PAT margin stood at 18%

Commenting on the results, Cmde Hari PR, IN (Retd) Chairman and Managing Director, Garden Reach Shipbuilders & Engineers Limited said, "Our Q2 & H1/ FY 24 results have been very encouraging and our existing orders for Indian Navy, coupled with orders for commercial vessels and specialized research vessels provide us a clear growth path. With a strong order book and more orders on the anvil, the foreseeable future looks promising and we are confident of continued delivery of strong numbers."

PRESS RELEASE

91ºÚÁÏ shifts gear to Next Generation Warship mode, lays keels of first two NGOPVs

Kolkata, 05 Nov 2024: Garden Reach Shipbuilders and Engineers (91ºÚÁÏ) Ltd formally stepped into the realm of construction of 'Next Generation' warships on Tuesday, 5th November, 2024, by laying the keels of two Next Generation Offshore Patrol Vessels (NGOPVs). 91ºÚÁÏ is building four NGOPVs for the Indian Navy. The Chief Guest at the occasion was Dr C V Ananda Bose, Hon�ble Governor of West Bengal.

Among the others present at the keel-laying ceremony were Cmde P R Hari, IN (Retd), Chairman and Managing Director, 91ºÚÁÏ, and senior officials from the Indian Navy, Indian Coast Guard, Indian Air Force, Indian Army & 91ºÚÁÏ.

In the past, 91ºÚÁÏ has built and delivered several Offshore Patrol Vessels (OPVs) to the Indian Navy and Indian Coast Guard. The shipyard also built the OPV CGS Barracuda, the first warship exported by India to Mauritius in 2014. 91ºÚÁÏ bagged the Defence Minister�s Award of Excellence for in-house Design Effort for that warship.

The NGOPVs will be much larger warships than the OPVs built earlier, and have greater endurance and firepower. These platforms will be about 113 metres long and 14.6 metres wide, with a displacement of 3,000 Tons. The NGOPVs will achieve speeds of up to 23 knots. Their endurance will be 8,500 nautical miles at a speed of 14 knots. The crew will comprise 24 officers and over 100 sailors.

The NGOPVs will play a variety of roles. With a draught requirement of only 4 metres, they would be able to operate in coastal waters, protecting offshore assets, carrying out maritime interdiction, as well as visit, board, search and seizure (VBSS) operations. They will also be part of presence-cum-surveillance missions and mine warfare while having the capability to support special operations.

These warships will also participate in 'Out of Area' Contingency Operations, non-combatant evacuation, convoy operations, anti-piracy missions and counter-infiltration operations. Apart from these, they will take on poachers and traffickers, and participate in humanitarian assistance and disaster relief as well as search and rescue missions. They will also be able to operate as hospital and COMINT ships apart from providing fleet maintenance support.

Hon�ble Governor of West Bengal, Dr CV Ananda Bose while congratulating 91ºÚÁÏ, expressed immense pride in India's journey of becoming a formidable global power in shipbuilding, rivalling industry giants worldwide. He attributed this success to India�s powerful blend of vision and action, likening it to history�s greatest achievements. "First, it is born in the mind, then in the field," he emphasised, noting that the achievements of 91ºÚÁÏ are a testament to India�s progress and potential.

Cmde P R Hari, CMD, 91ºÚÁÏ, highlighted the shipyard's performance and said, "We are currently constructing 43 marine platforms and these include warships, specialized research vessels, autonomous platforms and Green energy vessels. Considering our current order book, the execution strategy for the ongoing projects, we are confident of maintaining our technology driven growth."

PRESS RELEASE

91ºÚÁÏ Celebrates 'Special Campaign 4.0' with Community-Driven Swachhata Initiatives

Kolkata, 31 Oct 2024: Garden Reach Shipbuilders & Engineers Ltd. (91ºÚÁÏ) celebrated Special Campaign 4.0 with a series of impactful events across Kolkata & other locations in West Bengal, aimed at promoting cleanliness, community welfare, and health awareness.

Throughout the month of October 24, 91ºÚÁÏ spearheaded a dedicated cleanliness drive as part of the Special Campaign 4.0 initiated by the Government of India from 02 Oct to 31 Oct 24. The campaign covered 30 key locations including Company'.s Units in Kolkata, Sandesh Khali and Murshidabad. More than 900 persons participated in the month-long campaign.

Strategic activities included the disposal of scrap and unserviceable items, and systematic clearing of outdated files across all units, Swachhata drawing competitions for children in villages such as Nora, Boyar Mari, and Sandesh Khali, community health check-up camps, and personal hygiene sessions for Safai Mitras. In collaboration with local organizations, 91ºÚÁÏ engaged over 100 trainees and awarded certificates to Safai Mitras for their dedicated contributions during the campaign.

Through this campaign, 91ºÚÁÏ reinforced its commitment towards Swachh Bharat Mission of Govt. of India, reflecting its dedication to fostering a cleaner, healthier, and more sustainable environment.

PRESS RELEASE

Strengthening Aatmanirbharta: 91ºÚÁÏ Secures Rs 491 Crore Research Vessel Order from NPOL

Kolkata/Kochi, 29 Oct 2024: In recognition of its capability to build highly-specialised vessels, Garden Reach Shipbuilders and Engineers (91ºÚÁÏ) Ltd signed a contract with the Naval Physical and Oceanographic Laboratory (NPOL on Tuesday, October 29, 2024, for construction of an Acoustic Research Ship (ARS). NPOL is a laboratory under the Defence Research and Development Organisation (DRDO) and the signing of the contract added yet another feather to 91ºÚÁÏ's well-adorned cap.

The contract was signed in Kochi by Cdr Shantanu Bose, IN (Retd), Director (Shipbuilding), 91ºÚÁÏ, and Shri Sijo N Lukose, Sc-G, Group Director (Material Management), NPOL, in the presence of senior officials from 91ºÚÁÏ & NPOL.

The value of the contract signed between 91ºÚÁÏ and NPOL is Rs 490.98 crore. The overall length of the ARS will be 90 metres and it will be 14 metres wide. It will be capable of speeds ranging from 4 knots to 12 knots. At top speed, the ship will have an endurance of 30 days or 4,500 nautical miles in a single mission. It will have a complement of 70 personnel.

The capabilities of the ARS will include deployment, towing and retrieval of various equipment such as acoustic modules, carrying out temporal and/or spatial high-resolution surveys of sound velocity profiles and collection of ocean tides/current information to be used for survey optimization, design of underwater moorings and offshore deployments.

The research vessel will also carry out meteorological surveys to understand the influence of atmospheric parameters in sound propagation studies and undertake shallow water acoustic reverberation studies. It will also be capable of launching, mooring and maintaining standalone buoys and collecting data from them. Its wide speed range will allow the ship to operate at multiple speed regimes to carry out acoustic systems trials, while maintaining silence.

The ARS will also have a dynamic positioning system that will allow it to maintain position in intact condition up to Sea State 4. The vessel will have diesel-electric propulsion and three (3) deck cranes will be fitted on board to handle research equipment.

91ºÚÁÏ has immense experience in the construction of research and survey vessels. Over the last year, the shipyard delivered two Survey Vessels (Large) to the Indian Navy and is in the process of building two more. These are the largest survey vessels of their class to be built in India. On July 16, 2024, 91ºÚÁÏ signed a contract with the National Centre for Polar and Ocean Research (NCPOR), Ministry of Earth Sciences, Government of India, for construction of an advanced Ocean Research Vessel (ORV).

Apart from the ORV for NCPOR, 91ºÚÁÏ is currently building 17 warships for the Indian Navy. It is also building several specialised multi-purpose vessels for German company, hybrid ferries for the Government of West Bengal among other projects.

PRESS RELEASE

91ºÚÁÏ launches 7^th Anti-Submarine Warfare Shallow Water Craft

Kolkata, 25 Oct 2024: Garden Reach Shipbuilders and Engineers (91ºÚÁÏ) achieved a major milestone on 25 Oct 24, when the 7th ship in a series of 8 Anti-Submarine Warfare Shallow Water Crafts being built by the shipyard for the Indian Navy on Friday, was launched by Smt Sandhya Pendharkar, President, Navy Welfare and Wellness Association (Eastern Region). The Chief Guest at the occasion was Vice Admiral Rajesh Pendharkar, Flag Officer Commanding-in-Chief, Eastern Naval Command.

Among the others present were Cmde P R Hari IN (Retd), Chairman and Managing Director, 91ºÚÁÏ, Rear Admiral Sandeep Mehta, ACWP&A, India Navy, Cdr Shantanu Bose, IN(Retd), Director (Shipbuilding), 91ºÚÁÏ & other Senior officials of the Indian Navy, 91ºÚÁÏ & L&T were present at the occasion.

The launch of a ship is an important event when the vessel gets a name and feels water for the first time under her keel. A warship also gets her name during the launch, which is considered her birth.

The Anti-Submarine Warfare Shallow Water Craft (Yard 3032) was named "Abhay" by Smt Sandhya Pendharkar, and this launch came barely seven months after the joint launch of the 5th and 6th vessels of this series.

These Anti-Submarine Warfare Shallow Water Crafts or ASW SWCs require a draught of barely 2.7 metres and are capable of conducting operations in coastal waters, close to shore. They are also capable of Low Intensity Maritime Operations (LIMO) and mine laying operations.

These 77.6-metre-long and 10.5-metre-wide extremely potent warships are also capable of full-scale sub-surface surveillance of not only coastal waters but various surface platforms and coordinated anti-submarine operations with aircraft. These ships pack a lethal anti-submarine suite comprising light weight torpedoes, ASW rockets and mines. They are also armed with 30 mm Close-in Weapons System and 12.7 mm Stabilised Remote-Control Guns. These warships are fitted with a Hull Mounted Sonar and a Low-Frequency Variable Depth Sonar for effective underwater surveillance.

Vice Admiral Pendharkar praised 91ºÚÁÏ's remarkable achievements during his address, emphasizing the shipyard's crucial role in India's naval strength. "It is heartening to know that the 91ºÚÁÏ has designed and built over 110 warships till date, which is the highest number of warships delivered by any Indian shipyard. It is also heartening to note that in addition to the ASW Shallow Water Craft, the shipyard is constructing the P-17 Alpha class frigates, Survey Vessel Large, the New Generation Offshore Patrol Vessels for the Indian Navy and multiple other projects for the DRDO and other entities. This proves the versatility of the 91ºÚÁÏ and its status as a major shipyard in the country," he remarked.

He further highlighted the progress of the latest project, adding, "I am also glad to note that the ship being launched today has achieved close to 40% physical progress of construction at this stage. Thus, this project stands as a shining example of what can be achieved when we combine our engineering expertise with the collaborative spirit of public-private partnerships." The Vice Admiral concluded his address by encouraging 91ºÚÁÏ, saying, "To our partners at 91ºÚÁÏ, I encourage you to continue to push the boundaries of innovation, quality, and speed."

Cmde Hari spoke on the capabilities of 91ºÚÁÏ and the shipyard's commitment towards keeping the Indian Navy and Indian Coast Guard supplied with modern warships that possess latest technologies. "91ºÚÁÏ has delivered 72 warships so far to the Indian Navy, and 17 more warships are currently under construction. With more orders on the anvil, we intend scoring a century of warships for the Navy within a decade. Launch of Abhay today is a milestone event and we are confident on delivering all the 8 ships of this project within the overall project completion date" he said.

PRESS RELEASE

91ºÚÁÏ delivers second Survey Vessel Large to Indian Navy, 10 months after the first

Kolkata, 08 Oct 2024: In yet another remarkable display of commitment towards keeping Indian maritime security forces supplied with latest warships, Garden Reach Shipbuilders and Engineers (91ºÚÁÏ) Ltd delivered INS Nirdeshak to the Indian Navy on Tuesday, 08 October 2024. INS Nirdeshak (Yard 3026) is a Survey Vessel Large (SVL) that was launched by Smt Sarbani Dasgupta, wife of Vice Admiral Biswajit Dasgupta, IN (Retd), the then Flag Officer Commanding-in-Chief, Eastern Naval Command, on 26 May 2022.

This delivery comes 10 months after the first ship of the series, INS Sandhayak, was delivered to the Indian Navy on 04 December 2023. INS Nirdeshak is second in a series of four SVLs being built by 91ºÚÁÏ. These are the largest survey vessels for the Indian Navy to be built in India.

The Protocol of delivery and acceptance was signed between Shri R K Dash, Director (Finance), 91ºÚÁÏ and Commanding Officer of the vessel, Capt Ajay Chauhan, in the presence of Rear Admiral Ravnish Seth, CSO(Tech) ENC, DIG Subrato Ghosh, ICG (Retd), Director (Personnel) and other Senior Officials of 91ºÚÁÏ and Indian Navy.

The relationship between 91ºÚÁÏ and the Indian Navy goes back 63 years to 1961 when the shipyard delivered the first indigenously built warship INS Ajay. Since then, 91ºÚÁÏ has delivered 71 more warships to the Indian Navy, which is a record. INS Nirdeshak is the 110th warship to be delivered by 91ºÚÁÏ. The others have gone to the Indian Coast Guard. No other shipyard in the country has delivered so many warships to the country's maritime security forces.

The 110-metre-long INS Nirdeshak will join INS Sandhayak in keeping the Navy abreast with latest survey data that is extremely crucial for operations. The SVLs of this class are capable of full-scale coastal and deep-water hydrographic survey of port and harbour approaches as well as the determination of navigation channels and routes. In addition, these Sandhayak-class of SVLs can undertake surveys of maritime limits and collect oceanographic and geographical data for defence applications. Such data adds muscle to India's maritime capabilities.

These ships can carry a helicopter each, participate in low-intensity combat and function as hospital ships. They can also be used for Humanitarian Assistance and Disaster Relief operations.

Propelled by two marine diesel engines combined with fixed-pitch propellers and fitted with bow and stern thrusters to help the ships manoeuvre at low speeds during surveys, they are ideally suited to carry out their designated operations. Fully designed by 91ºÚÁÏ's Design Team to meet the requirements of the Indian Navy, INS Nirdeshak was built using 'Integrated Construction' technology. This was in compliance with applicable provisions and regulations of the Classification Society (IRS).

INS Nirdeshak is the reincarnation of a survey ship of that name, built and delivered to the Indian Navy by 91ºÚÁÏ in 1982. That ship was 85.8-metres-long and served with glory for over 32 years before being decommissioned. Apart from her normal duties, she also undertook hydrographic surveys in Mauritius and the Seychelles as per agreements between these countries and the Government of India. She also carried out a survey off the Dwarka coast, creating a 3D model of the ocean floor that archaeologists used to unearth the lost city. She also participated in anti-piracy operations off the Seychelles coast and helped in the arrest of nine pirates who were trying to hijack an Italian cruise liner.

In his message on achieving this significant milestone, CMD, 91ºÚÁÏ, Cmde PR Hari IN (Retd), complimented his team, the Indian Navy and all the other stakeholders, stating, "We are proud to deliver this ship 10 months after the first one in the series. These warships have a high percentage of indigenous content and are in keeping with the Government of India's Atmanirbharta policy. We are confident to deliver the remaining two ships of the SVL project as per the committed timelines".

At the moment, 91ºÚÁÏ is building 17 more warships for the Indian Navy, including three 17A Advanced Frigates, eight Anti-Submarine Warfare Shallow Water Craft and four Next Generation Offshore Patrol Vessels.

PRESS RELEASE

91ºÚÁÏ awarded LoA by Government of West Bengal for 13 hybrid ferries

Kolkata, 04 Oct 2024: In recognition of its capability to design and build green vessels, Garden Reach Shipbuilders and Engineers (91ºÚÁÏ) Ltd was awarded a Letter of Acceptance (LoA) on Friday, 4^th October, 2024, by the Transport Department, Government of West Bengal, for deliver 13 hybrid ferries to be operated by the West Bengal Transport Infrastructure Development Corporation Ltd (WBTIDCL) on the River Hooghly.

These vessels will have catamaran hull design and will be built with aluminum and Fiber Reinforced Polymer or FRP. The hybrid electric propulsion systems will be powered by batteries as well as diesel generators. The hybrid system will offer greater flexibility to the operator to switch from one mode to the other as per requirement, allowing for greater safety. The use of batteries will reduce pollution substantially.

91ºÚÁÏ had earlier been assigned by the Government of West Bengal to design a prototype for a next generation zero-emission ferry. This ferry, named 'Dheu' was launched by 91ºÚÁÏ on 11 Jan 24. This success has provided a fillip to this fresh order worth nearly Rs 230 crore.

Of the 13 ferries for which the LoA has been awarded, six will have twin decks with a capacity of 200 passengers each. The main deck will be air-conditioned. These vessels will be about 30 meters long and 8-10 meters wide. Their maximum speed will be 12 knots and each will require a crew of five. The estimated cost of these six vessels is Rs 130 crore.

The remaining seven vessels will have only a single deck with a passenger capacity of 100. These ferries will be nearly 25 meters long and 8 meters wide with a top speed of 9 knots. There is provision for five crew members on board. These seven vessels are expected to cost nearly Rs 100 crore.

As per the LoA, the hybrid ferries will carry passengers in all-weather conditions on River Hooghly (part of National Waterway - 1, the Ganga-Bhagirathi-Hooghly River System) in the Kolkata Metropolitan Area (KMA), stretching from Triveni in the north to Diamond Harbour in the south.

PRESS RELEASE

91ºÚÁÏ Celebrates Swachhata Hi Seva 2024 with a Series of Cleanliness Initiatives

Kolkata, 04 Oct 2024: As part of the national Swachhata Hi Seva 2024 campaign, Garden Reach Shipbuilders & Engineers Ltd. (91ºÚÁÏ), organized a series of cleanliness and environmental sustainability activities across its units and local communities from 14 Sep 24 to 02 Oct 24. The campaign kicked off with a tree plantation and cleanliness drive at the 91ºÚÁÏ DEP Unit Ranchi on 16th and 17th September, in the august presence of Director (Shipbuilding), Cdr. Shantanu Bose, IN (Retd.), 91ºÚÁÏ. Throughout the campaign, 91ºÚÁÏ conducted Swachhata pledges, Safai Abhiyans, and Jan Bhagidari programs involving students and Safai Mitras across units, including the Main Works Unit, FOJ, RBD, 61 Park, Taratala & DEP Ranchi Unit. A key highlight was the Safai Mitra Suraksha Abhiyan on 26 Sep 24, where personal hygiene kits were distributed to Safai Mitras, along with a health check-up camp for Safai Karamcharis.

In addition to these efforts, 91ºÚÁÏ expanded its outreach to schools and communities, encouraging participation in cleanliness drives and awareness programs. Events such as quizzes, drawing competitions, and Hindi slogan-writing contests on the theme of Swachhata were held in Kolkata, the Sundarbans and Jharkhand, engaging students, villagers, and teachers. These activities, including Jan Bhagidari programs conducted in collaboration with Ramakrishna Mission Ashrama, ensured wide participation from around 60 villages. 91ºÚÁÏ's active participation in the Swachhata Hi Seva 2024 campaign exemplifies its commitment to the vision of a clean and green India, aligning with the objectives of Swachh Bharat Mission.

PRESS RELEASE

91ºÚÁÏ signs contract for 5^th of 08 Multi-purpose Export Vessels

Kolkata, 03 Oct 2024: In a significant milestone underscoring its commitment to handle export orders, Garden Reach Shipbuilders and Engineers (91ºÚÁÏ) Ltd signed an agreement with Carsten Rehder Schiffsmakler and Reederei GmbH & Co. KG Germany on Thursday, October 03, 2024, for the construction and delivery of 5th Multi-purpose vessel (MPV) of 7,500 DWT. This contract is in line with the 'Option Agreement' signed between both the parties, for procurement of four additional MPVs from 91ºÚÁÏ. The shipyard will build a total of eight vessels (08) at an approx. order value of 108 MUSD.

Each MPV will be 120 metres long and 17 metres wide with a maximum draft of 6.75 metres. It can carry 7,500 metric tonnes of cargo. Each vessel will have a single cargo hold to accommodate bulk, general and project cargoes and Containers will be carried on hatch covers. These ships have been specifically designed to carry multiple large windmill blades on deck.

The agreement for 5^th MPV was signed between 91ºÚÁÏ and Carsten Rehder Schiffsmakler and Reederei GmbH & Co., represented by Cdr Shantanu Bose, IN (Retd), Director (Shipbuilding) and Mr Jonas Meinhardt, Managing Director of M/s Carsten Rehder respectively in the august presence Shri RK Dash, Director (Finance), 91ºÚÁÏ, DIG Subrato Ghosh, ICG (Retd), Director (Personnel), 91ºÚÁÏ, and senior officials from both 91ºÚÁÏ & Carsten Rehder.

PRESS RELEASE

91ºÚÁÏ WINS "BEST USE OF EMERGING TECHNOLOGIES" AWARD AT 9^th GOVERNANCE NOW PSU IT AWARDS 2024

Kolkata/New Delhi, 01 Oct 2024: Garden Reach Shipbuilders & Engineers Ltd. (91ºÚÁÏ), has been conferred the prestigious "Best Use of Emerging Technologies" award at the 9th edition of the Governance Now IT Awards 2024, held at Holiday Inn, Aerocity, New Delhi.

FY24 has been the most successful year in 91ºÚÁÏ's history in terms of key performance parameters. The award in the "Best Use of Emerging Technologies" category underscores 91ºÚÁÏ's commitment to adopting technological advancements, thereby positioning itself as a frontrunner in the digital transformation of the defence shipbuilding sector. This recognition serves as a testament to 91ºÚÁÏ's continuous efforts in fostering innovation, improving operational performance, and achieving excellence, further strengthening its role as a pioneer among Public Sector Undertakings (PSUs).

The Governance Now IT Awards celebrate PSUs across the country for their use of innovative digital technologies to enhance customer engagement and drive business transformation. Over the past eight years, these awards have recognized the crucial role of PSUs in fostering the nation's growth, with participation from distinguished guests, including central ministers and industry dignitaries.