26 October 2026
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GRSE Tops Governance Now 12th PSU Awards 2026 for Leadership, Self-Reliance, and Financial Excellence

Kolkata-based Garden Reach Shipbuilders & Engineers Ltd Recognized for Promoting Aatmanirbhar Bharat, CMD/MD of the Year, and Best Overall Financial Performance
Indian Masterminds Stories

Kolkata: Garden Reach Shipbuilders & Engineers Ltd (GRSE) achieved major recognitions at the Governance Now 12th PSU Awards, reinforcing its position as a leading public sector shipyard in India.

The company was honoured in several prestigious categories, including:

  • Promoting Self-Reliance (Aatmanirbhar Bharat)
  • CMD/MD of the Year
  • Best Overall Financial Performance (Best Growth and Consistency)

These awards reflect GRSE’s consistent operational excellence, strategic growth, and innovation in defence and maritime capabilities.

Read also: GRSE Wins Multiple Awards at 15th ICC PSE Conclave 2026, Cmde P.R. Hari Honoured as ‘CMD of the Year’

Strengthening India’s Defence Manufacturing

The recognition in the Promoting Self-Reliance category highlights GRSE’s significant contributions toward Aatmanirbhar Bharat, particularly by strengthening indigenous defence and shipbuilding capabilities.

Industry experts note that GRSE has consistently delivered strong financial and operational performance, positioning itself as a key contributor to India’s maritime security and defence preparedness.

Excellence in Leadership and Financial Performance

The CMD/MD of the Year award acknowledges the visionary leadership driving GRSE’s success, while the Best Financial Performance award recognises the company’s robust growth, consistency, and sustainable financial strategy.

These accolades underscore GRSE’s commitment to accountability, operational efficiency, and innovation, enhancing its reputation as a benchmark PSU in India’s defence sector.

About Governance Now PSU Awards

The Governance Now PSU Awards are organized annually by Governance Now, a leading publication on public policy and governance. The awards celebrate outstanding achievements among Public Sector Undertakings, recognising organisations that contribute significantly to India’s economic growth and national development.

About GRSE

Founded in 1934, Garden Reach Shipbuilders & Engineers Ltd (GRSE) is one of India’s premier public sector shipyards, specialising in warship and auxiliary vessel construction for the Indian Navy and Coast Guard. Known for its commitment to quality, innovation, and indigenous manufacturing, GRSE plays a pivotal role in strengthening India’s defence and maritime capabilities while supporting the vision of Aatmanirbhar Bharat.

Read also: GRSE Leads India’s Naval Transformation at Sagar Sankalp 2026, Boosting Maritime Strength and Self-Reliance


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