GRSE Accelerated Innovation Nurturing Scheme (GAINS 2024)

GRSE Accelerated Innovation Nurturing Scheme (GAINS 2024)

GRSE Accelerated Innovation Nurturing Scheme (GAINS 2024) Raksha Rajya Mantri recently launched the GRSE Accelerated Innovation Nurturing Scheme (GAINS 2024) at Garden Reach Shipbuilders & Engineers Limited (GRSE) in Kolkata. This innovative initiative is designed to address shipyard-related challenges and promote technological development by involving the country’s start-ups and Micro, Small, and Medium Enterprises (MSMEs).

Key Objectives of GAINS 2024:

1. Promote Technology Development: GAINS 2024 aims to promote technological innovation in the shipbuilding sector by collaborating with MSMEs and start-ups. This initiative will enable the development of advanced, cutting-edge technologies to enhance ship design and construction processes.
2. Address Shipyard Challenges: The scheme is specifically designed to tackle shipyard-related issues, helping to solve both current and future challenges in the industry. This includes improving efficiency, reducing costs, and increasing the quality of shipbuilding.
3. Support MSMEs and Start-ups: In alignment with the Make in India and Start-up India initiatives, the scheme encourages MSMEs and start-ups to create innovative solutions in the shipbuilding sector. By leveraging the potential of these enterprises, GRSE hopes to strengthen the technological capabilities of the Indian shipbuilding industry.
4. Promote Self-Reliance: The scheme aims to contribute to India’s self-reliance (Atmanirbhar Bharat), by fostering indigenous innovations that reduce dependency on foreign technologies in the defence and shipbuilding sectors. This is in line with the ‘Make in India’ policy, which encourages domestic manufacturing and technological advancements.

Alignment with Government Policies:

• Make in India: The GAINS 2024 scheme supports the Make in India initiative by encouraging the development and manufacturing of high-tech solutions within India, boosting the domestic shipbuilding industry.
• Start-up India: By supporting start-ups, the scheme aligns with the Start-up India policy, which aims to create a robust ecosystem for nurturing innovation and enterprise, particularly in cutting-edge sectors like shipbuilding.

Expected Outcomes:

• Innovation in Ship Design and Construction: The collaboration between GRSE, MSMEs, and start-ups is expected to result in innovative solutions that will push the boundaries of ship design and construction technology in India.
• Strengthening the Shipbuilding Industry: This initiative is expected to significantly improve the shipbuilding capabilities of Indian shipyards, helping them compete on the global stage.
• Job Creation and Economic Growth: By fostering the growth of MSMEs and start-ups, GAINS 2024 is likely to create new job opportunities and contribute to economic growth within the defence and manufacturing sectors.

Key Takeaways
GAINS 2024 marks a significant step towards self-reliance and technological innovation in India’s shipbuilding industry. Through this scheme, the government aims to create a vibrant ecosystem of start-ups and MSMEs that will contribute to India’s shipbuilding and maritime capabilities, reinforcing the goals of Make in India and Start-up India. This initiative will also help address the industry’s evolving challenges while ensuring India’s growth as a global leader in ship design and construction.

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