GRSE Signs MoU With K2 Cranes for Indigenous Marine Cranes

Garden Reach Shipbuilders and Engineers Ltd (GRSE) has signed a new MoU with K2 Cranes & Components Pvt Ltd to jointly design, develop and manufacture cranes and related equipment for marine, defense and shipyard applications. The agreement marks a key step in strengthening India’s self‑reliance push and fits squarely within the “Make in India, Make for the World” initiative.

The Memorandum of Understanding was signed by Cmde Ramesh Menon MS (Retd), Chief General Manager (BB&DEP) of GRSE, and M Udayakumar, Managing Director of K2 Cranes & Components Pvt Ltd. The ceremony took place in the presence of GRSE Chairman and Managing Director Cmde PR Hari, IN (Retd), along with board members and senior leadership from both organizations.

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Under the deal, GRSE and K2 Cranes will work together to explore opportunities for the indigenous design and manufacture of cranes used across defense, marine and shipyard settings. The goal is to cut down India’s dependence on imported equipment while building products that can also attract buyers abroad. By combining GRSE’s engineering and manufacturing strength with K2 Cranes’ specialized expertise, the partnership is expected to open up fresh business avenues in domestic and global markets.

While warship construction remains GRSE’s core focus, the company has steadily diversified into other engineering products. It has emerged as a leader in modular steel bridges, delivering more than 5,900 bridges to clients in India and overseas. GRSE also produces deck machinery and other industrial equipment. With this new collaboration, GRSE moves further into high‑value, high‑demand marine and defense systems.