Centre Approves Rs 40,000 Crore Project to Build Eight Next-Generation Stealth Warships for Indian Navy

**New Delhi, October 31, 2026:** The Central Government has approved a project worth more than Rs 40,000 crore to build eight next-generation stealth warships for the Indian Navy. The project received clearance from the Cabinet Committee on Security (CCS), chaired by Prime Minister Narendra Modi. The new warships will be constructed by two government-owned shipyards: Garden Reach Shipbuilders and Engineers (GRSE) in Kolkata and Goa Shipyard Limited (GSL). The project is aimed at strengthening India's maritime defence capabilities and expanding the country's indigenous warship manufacturing programme. **What Are Next-Generation Corvettes?** The eight planned vessels will be approximately 2,000-tonne warships with a maximum speed of around 30 knots. They will feature a new stealth design developed by the Indian Navy and will be equipped for multiple maritime security roles. According to the report, the vessels will support anti-surface, anti-submarine and anti-air warfare operations, along with coastal defence, surveillance and patrol duties. **More Than 70 Per Cent Indigenous Content** The project is expected to have more than 70 per cent indigenous content, supporting India's efforts to strengthen domestic defence manufacturing. The construction programme is also expected to create direct and indirect employment opportunities across shipbuilding and associated industries. **First Warship Targeted for 2030** Construction of the first corvette is expected to begin within a year, with its delivery targeted for 2030. The project forms part of the Indian Navy's wider modernisation programme to strengthen maritime security in the Indian Ocean Region.