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Rajnath Singh Unveils ₹3,500 Crore Defence Expansion in Bengal

Rajnath Singh Unveils ₹3,500 Crore Defence Expansion in Bengal
West Bengal gets ₹3,500 crore defence and shipbuilding projects · thehindubusinessline.com

India has started five large projects to expand defence factories and shipyards in West Bengal.

Defence Minister Rajnath Singh announced the projects during a virtual ceremony in Kolkata.

Three projects are for GRSE, which builds and repairs ships.

Two projects are for Yantra India, which makes special metal parts.

The biggest project will be built at Raichak and will include a large dry dock and other shipbuilding facilities.

These facilities will be able to handle large warships and commercial vessels.

Yantra India will install powerful modern machines to make items such as gun barrels, ammunition parts and railway axles.

Officials say the projects will create jobs and help smaller businesses.

They also aim to help India make more defence equipment domestically instead of importing it.

Key facts

Total investment
Nearly ₹3,500 crore across five projects in West Bengal
GRSE expansion
Three facilities at Raichak, Shalimar and Kidderpore
Raichak facility
More than ₹2,500 crore for a 32-acre riverside site with a 200-metre dry dock
Raichak capacity
Warships up to 200 metres and commercial vessels up to 60,000 DWT
Other GRSE investments
Around ₹100 crore for Timber Pond and approximately ₹70 crore for the Damodar facility
Yantra India expansion
More than ₹750 crore at Ishapore’s Metal and Steel Factory
Major Yantra India equipment
A ₹277.59-crore 3,000-tonne hydraulic forging press and a ₹473.84-crore radial forging plant

Quotes

A GRSE company official

Company official who described the expected benefits of the expansion projects

“These projects will strengthen the capabilities of GRSE, while supporting the revival of West Bengal’s industrial ecosystem through employment generation and increased opportunities for ancillary industries, particularly MSMEs”
theprint.in
“The state is now stepping towards a new development renaissance. The days of factory closures and padlocks in West Bengal are in the past; they have been replaced by the launch of new projects.”
indianexpress.com theprint.in

Sources

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