Article Posted on : - Dec 01, 2014

KOLKATA (PTI): India's defence PSU Garden Reach Shipbuilders and Engineers (GRSE) would export its first warship to Mauritius next month, according to a company official.

"We will send first corvette class warship to Mauritius which will be delivered in December," Rear Admiral A K Verma, Chairman and Managing Director of GRSE, said.

This was India's first warship export order valued at USD 50 million, he told reporters on the sidelines of a seminar on defence organised by CII in Kolkata on Nov. 28.

Verma said that GRSE would also be delivering landing crafts for the Indian Navy for transporting trucks, tanks and troops.

The delivery would take place next year, he said.

He added that GRSE was looking at securing export orders from countries in the Far East, Africa and Latin America.

The company's turnover last fiscal stood at Rs 1,600 crore.