India has signed ₹53,866 crore contracts with GRSE, Goa Shipyard to build eight next-generation corvettes for the Navy. Equipped with advanced weapons and sensors, the warships will strengthen maritime security, coastal defence and anti-submarine capabilities while boosting indigenous shipbuilding. India has signed a massive ₹53,866 crore defence deal to build eight Next Generation Corvettes for the Indian Navy. With advanced weapons, modern sensor systems and indigenous design, these.