On May 22, 2023, Garden Reach Shipbuilders and Engineers (GRSE) Ltd launched GAINS 2023’ – GRSE Accelerated Innovation Nurturing Scheme 2023′ in Kolkata, West Bengal (WB) to utilize the eco-system that tackles current and future challenges in the ship design and construction sector.
- GAINS 2023 is a part of GRSE’s drive to identify and promote the development of innovative solutions towards technological advances in shipbuilding by Startups.
The scheme was launched by G Surya Prakash, Assistant Manager (Finance), GRSE in the presence of Minister of State (MoS) Rajeev Chandrasekha, Ministry of Electronics and Information Technology (MeitY).
What is GAINS 2023?
‘GAINS 2023’ is a program to support and inspire new innovators, engineers, and designers in the field of shipbuilding in India. They have created a dedicated department to pursue this.
- It aims to inspire them to think and innovate in the specific technology area of shipbuilding.
The shipyard also called a dockyard or boatyard is a place where ships are built and repaired.
GAINS 2023 Challenge:
The ‘GAINS 2023’ Challenge is a two-stage process that aims to generate a large pool of ideas, from which a few promising ones will be chosen and supported. In the initial stage, participants, including entities, firms, and individuals, need to submit concise written and illustrated entries.
- It is to be executed as an “Open Innovation Challenge” scheme for firms/ entities/ individuals (who are Indian Citizens).
- Artificial Intelligence in Shipbuilding; Renewable/Green Energy and Energy Efficiency; and Operational Efficiency Enhancement are the focus areas for GRSE and are the thematic areas of ‘GAINS 2023’ Challenge.’
i.Stage – I: In the first stage, participating entities/firms/individuals are required to submit short illustrated and written submissions with sufficient detail to clarify a required degree of understanding of the chosen problem/solution.
- The submission of stage I will be closed on July 3, 2023.
ii.Stage – II:Shortlisted parties who have cleared Stage-I are required to submit Stage-II proposal (Project Report) with a detailed technical description of the proposals. It will be followed by interviews/presentations by the entity/firm.
- These submissions should also include a rough estimate of cost and justification of the professional qualifications
Funding:
A sum of up to a maximum of Rs 5 Lakh each will be paid to firms/ entities against Stage-II submission based on evaluation by GRSE. Winners may be awarded contract. If the product is sold to other customers, a revenue sharing model will be worked out.
Note:Â GRSE delivered the first indigenous warship INS Ajay to the Indian Navy in 1961.
Recent Related News:
i.GRSEÂ signed a Memorandum of Understanding (MoU) with Kerala Electrical & Allied Engineering (KEL), a state-owned enterprise of Kerala, for the joint research and development (R&D) of a lightweight bailey bridge with a carbon fibre composite deck.
ii.On March 21, 2023, the Indian Naval Ship (INS) Androth, the second in a series of eight Anti-Submarine Warfare Shallow Water Craft (ASW SWC) was launched in Kolkata, West Bengal. It is built by GRSE.
About Garden Reach Shipbuilders and Engineers (GRSE) Ltd:
It is a Category 1 Mini Ratna Company.
Chairman and Managing Director– Commodore (Retd) P R Hari
Headquarters– Kolkata, West Bengal
