India has signed a major contract to build eight new next-generation Corvettes worth a total of $5.7 billion. Corvettes are designed for anti-ship and anti-submarine warfare, coastal defense and protection of maritime trade routes. The order was accepted by two state-owned shipbuilding enterprises: Garden Reach Shipbuilders & Engineers for five ships and Goa Shipyard Limited for three corvettes.

India has signed a major contract to build eight new next-generation Corvettes worth a total of $5.7 billion. Corvettes are designed for anti-ship and anti-submarine warfare, coastal defense and protection of maritime trade routes. The order was accepted by two state-owned shipbuilding enterprises: Garden Reach Shipbuilders & Engineers for five ships and Goa Shipyard Limited for three corvettes.