Mumbai, Sept. 22 -- The approval was made at the board meeting held on 21 September 2026. GRSE said the new facility will enhance its shipbuilding capacity across both naval and commercial segments.

The Raichak project is part of GRSE's capacity expansion programme announced in August 2026, covering three facilities at Raichak, Shalimar and Kidderpore Docks with a total planned investment of Rs 2,670 crore. The company had then earmarked Rs 2,500 crore for the Raichak facility, nearly Rs 100 crore for the Timber Pond facility at Shalimar and around Rs 70 crore for the Damodar facility at Kidderpore Docks.

The Raichak facility is planned as a shipbuilding hub with a 200-metre dry dock, slipway, launching pad, jetties and block fabricatio...