New Delhi: Garden Reach Shipbuilders and Engineers (GRSE) and Kongsberg Maritime (KM), Finland, signed a memorandum of understanding (MoU) for co-production of indigenous Water Jets (WJs) of up to 3.5 MW on Monday.

The MoU has been signed by GRSE's Chairman and Managing Director Cmde PR Hari IN (Retd), and Ottar Ristesund, SVP, Sales, Propulsion and Engines, Kongsberg Maritime (KM), in the presence of Vice Admiral Sandeep Naithani (AVSM, VSM) Chief of Materiel of Indian Navy.

Waterjet Propulsion Systems are extensively used onboard Indian Navy & Indian Coast Guard ships and therefore, this collaborative effort of GRSE & Kongsberg Maritime (KM) has huge market potential in the coming years.

Taking giant strides towards Aatmanirbharta, GRSE had earlier signed a MoU with Rolls Royce for co-production of high-speed Marine Diesel Engines. The shipyard has also recently signed a contract worth (Approx.) Rs 250 Crs for manufacture and supply of 30 MM Naval Surface Guns to the Indian Navy.

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