Centum Electronics and GRSE Forge Partnership to Co-Develop Indigenous Advanced Navigation Systems for Indian Navy

Centum Electronics Limited ("Centum"), one of India's leading electronics system design and manufacturing companies serving the Defence, Aerospace, Space, Industrial and Medical sectors, has signed a Memorandum of Understanding (MoU) with Garden Reach Shipbuilders & Engineers Limited ("GRSE"), a premier Defence Public Sector Undertaking under the Ministry of Defence.

The MoU was signed on 08 October 2025 at GRSE Bhavan, Kolkata, by Cdr Shantanu Bose, IN (Retd.), Director (Shipbuilding), GRSE, and Mr. Nikhil Mallavarapu, Joint Managing Director, Centum Electronics Limited, in the presence of Cmde P.R. Hari, IN (Retd.), Chairman & Managing Director, GRSE, and Mr. Apparao V. Mallavarapu, Chairman & Managing Director, Centum Electronics Limited, along with senior officials from both organisations.

Collaboration for Indigenous System Development

This collaboration establishes a framework for joint R&D and co-development of nextgeneration Advanced Naval Navigation Systems. The partnership will leverage Centum's established competencies in high-reliability electronics, system integration, and advanced manufacturing together with GRSE's proven shipbuilding and platform integration capabilities.

The scope of the MoU includes design and development, manufacture of subassemblies and components, system integration, testing, and onboard trials, as well as support for modernisation and upgradation of existing naval systems. The initiative aligns with Centum's strategic vision to move up the technology value chain and deliver complete system-level solutions while supporting the national objective of self-reliance under 'Aatmanirbhar Bharat'.

Shares of Centum Electronics Limited was last trading in BSE at Rs. 2591.05 as compared to the previous close of Rs. 2600.25. The total number of shares traded during the day was 2587 in over 484 trades.

The stock hit an intraday high of Rs. 2650.00 and intraday low of 2513.65. The net turnover during the day was Rs. 6642708.00.

Source : Equity Bulls

Keywords

CentumElectronics INE320B01020 MoU GardenReachShipbuildersandEngineers GRSE