GRSE Wins Sustainable Governance Champion Award 2024

June 28, 2024

Leading Indian shipbuilding company Garden Reach Shipbuilders & Engineers (GRSE) Limited won the “Sustainable Governance Champion Award” at the Outlook Planet Sustainability Summit & Awards 2024. GRSE’s commitment to using sustainable business methods is shown by this award.

Sustainability Initiatives at GRSE

GRSE’s business practices are built around ecology. Implementing cutting-edge technologies that are good for the earth and improve operational efficiency is part of this. Along with global standards for sustainability and environmental care, the company has added eco-friendly features to shipbuilding, for example.

Impact and Importance

GRSE’s role in setting standards for sustainability and good governance is emphasized by the award. This article also talks about the company’s proactive steps toward responsible manufacturing in the defense and maritime sectors, which have a big impact on lowering environmental effects.

About GRSE Limited

History and Establishment: Garden Reach Shipbuilders & Engineers Limited, or GRSE Limited, is a well-known Indian factory in Kolkata, West Bengal. It began as a small workshop in 1884 and became part of the government in 1960.
Milestones and Achievements: It is known that GRSE was the first Indian port to build 100 warships, which it did in 2019. The INS Ajay, India’s first home-built warship, was built there in 1961, another record.
Diversification and Public Listing: GRSE does more than just build ships. They also do engineering work and make engines. For example, they put together MTU engines for some Indian military ships. In 2018, the company went public on the Indian stock exchanges, which made it more well-known in the market.

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