GRSE Accelerated Innovation Nurturing Scheme

GRSE Accelerated Innovation Nurturing Scheme is an innovative scheme which seeks solutions to the problems related to the shipyards and promotes technology development using the start-ups created and nurtured in the country.

GRSE Accelerated Innovation Nurturing Scheme

About GRSE Accelerated Innovation Nurturing Scheme:

  • It is an innovative scheme which seeks solutions to the problems related to the shipyards and promotes technology development using the start-ups created and nurtured in the country.
  • It encourages and enables MSMEs and Start-Ups to develop innovative solutions for further technological advancement. It will give a new dimension to the future of Indian defence and with technological advancements and dedication it will enhance the strength of our armed forces and enhance maritime security.
  • It is a unique national scheme to encourage and enable MSMEs and Start-Ups to develop innovative solutions that GRSE may incorporate for further technological advancement.
  • The aim is to leverage the vast eco-system of MSMEs and Start-Ups to address present and emerging challenges in the ship design and construction industry, while achieving the objectives of Atmanirbharta.
  • This initiative is in keeping with the ‘Make in India’ and ‘Start-up India’ policies of the Government of India.

Q1: Who qualifies as MSME in India?

A proprietorship, partnership firm, company, trust or society with an investment below Rs. 50 crore and annual turnover below Rs. 250 crores are eligible for MSME registration.

Source: Raksha Rajya Mantri Shri Sanjay Seth launches GRSE Accelerated Innovation Nurturing Scheme (GAINS 2024)

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