GRSE’s ‘GAINS’ Startup Challenge

Garden Reach Shipbuilders and Engineers (GRSE) Ltd, one of India’s premier defence shipyards and a Category 1 Mini Ratna Company, has embarked on a mission to identify and encourage the development of innovative solutions towards technological advances in shipbuilding by Startups. As part of this drive, the Company launched GRSE Accelerated Innovation Nurturing Scheme – 2023 or “GAINS 2023” in Kolkata today leverage the eco-system that addresses present and emerging challenges in the ship design and construction industry.

With this initiative, the GRSE embraces the energy and ideas of today’s talented youngsters to revolutionise the industry and reaffirms its belief that the young minds of today are the driving force behind the future of both the company and the industry at large. This strategic move signifies GRSE’s unwavering commitment to fostering innovation and embracing fresh perspectives. 

The GRSE has been a pioneering shipyard since becoming a DPSU way back in 1960 by delivering the first indigenous warship INS Ajay to the Indian Navy in 1961. The shipyard has been adopting technological advances for quite some time now to emerge as a leading name in shipbuilding in the global market. Open innovation is a well-established and effective way to gather ideas from outside the organisation to create better solutions in a relatively short time. In an effort to boost innovation in the shipyard and propel the yard towards becoming a future-ready shipyard, a scheme for encouraging innovators to be a part of this journey through an “Open Innovation Challenge” is considered the need of the hour. ‘GAINS 2023’ is designed to provide new and emergent innovators, engineers and designers, the opportunity to understand the shipyard’s core business interests and its established or bespoke practices and thereby motivating them to think and innovate in this niche technology area. The Shipyard has created a separate department to pursue the GAINS initiative and seek out and support innovators in Indian line with the thrust of the Government of India.

The ‘GAINS 2023’ Challenge is a two-stage process to help generate a large number of ideas from which a few promising ones may be selected and nurtured. In the first stage, participating entities/firms/individuals would only be required to submit short illustrated and written submissions with sufficient detail to clarify a required degree of understanding of the chosen problem/solution. This should also be accompanied by a rough order of cost and justification of professional qualification/ competence required to successfully implement the proposal.

Artificial Intelligence, Renewable/Green Energy and Energy Efficiency as well as Efficiency Enhancement are focus areas for GRSE and are the thematic areas of ‘GAINS 2023’ Challenge. All passionate innovators, entrepreneurs and visionaries can visit the GRSE website www.grse.in/gains for more information about the ‘GAINS 2023’ Challenge.

PIB

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