GAINS
About GAINS 2024
The unprecedented success of GAINS 2023, has been a revelation and has catalysed the launch of the next edition of GAINS,"GAINS 2024". GAINS is designed to provide innovators, engineers and designers, the opportunity to understand the shipyard's core business interests and its established practices giving them visibility in such areas where they may not have previous experience. GAINS, which is to be executed as an "Open Challenge" scheme would be open to Indian firms/ entities/ individuals (who are Indian Citizens), with a wide scope, that could bring about significant efficiency enhancement as well as development of equipment/ systems which would add value to the products being delivered by the shipyard.
Applications/ proposals are invited from interested/ eligible firms/ entities/ individuals to provide innovative technological & business solutions to address challenges in the ship design and construction sector (including equipment).
Process
GAINS Challenge is envisaged as a two-stage selection process to help generate a large number of ideas from which a few promising ones may be selected and nurtured.
Stage - I:
An initiation/ familiarization phase is envisaged, post hosting of the Challenge, as some of the Indian entities/ firms/ individuals / having expertise in the thematic areas may not have exposure to the shipbuilding / maritime industry and more so with the shipyard's processes and procedures. During this phase, a detailed webinar will be hosted to provide information on GRSE's business interests, expertise and general processes and procedures. Entities/ firms/ individuals would also be encouraged to visit the shipyard for a first-hand appreciation besides brainstorming with the GAINS team, to gain clarity on the objectives and potential areas of work.
GRSE prescribed format (click here).
This should also be accompanied by a rough order of cost, development time and justification of professional qualification/ competence of participant to successfully implement the proposal. Proposals which are implementable within a reasonable time frame and have the potential to add value to the shipyard's business interests would be considered for selection to advance to Stage - II. In case of individuals (other than firms), proof of creation of a firm/ entity to be submitted for advancing to Stage - II.
Stage - II:
Shortlisted parties who have cleared Stage-I are required to submit Stage-II proposal (Project Report) with detailed technical description of their proposals, bringing out clearly the implementation strategy, the advantages of implementation, market potential, time lines, detailed costing and estimate of Return on Investment (ROI). The Stage-II submission will be followed by interviews/presentations by the entity/ firm. GRSE thereafter decides the winner (s) who will then be invited for further negotiations and potential award of contract for implementation.
Timeline
Thematic Areas
- Artificial Intelligence in shipbuilding (AI)
- Renewable/Green Energy and Energy Efficiency
- Efficiency Enhancement in Shipyard
Funding
A sum of up to a maximum of INR 5 Lakh each, may be paid to firms/ entities against delivery of the Project Report (Stage-II submission) based on evaluation by GRSE.
Based on the evaluation of Stage-II submissions, winner(s) may be invited for negotiations for potential award of contract(s). In the event of the product being sold to other customers after successful development, a suitable revenue sharing model would be mutually worked out.
Familiarization Webinar Schedule:
| Sl No. | Webinar Topic | Date & Time |
|---|---|---|
| 1 | GRSE & GAINS (PPT | 16 MB) | 10 Jul 24 |
Familiarization Shipyard Visit Schedule:
| Sl No. | Slot | Date | Time |
|---|---|---|---|
| 1 | Slot 1 | 18 & 19 Jul 24 | 1000 HRS to 1600 HRS |
| 2 | Slot 2 | 25 & 26 Jul 24 | 1000 HRS to 1600 HRS |
| 3 | Slot 3 | 01 & 02 Aug 24 | 1000 HRS to 1600 HRS |
Terms & Conditions
Eligibility
The GAINS - 2024 Challenge is open to all Indian firms/ entities/ individuals having expertise in the thematic areas. In the case of individuals (other than firms), proof of creation of a firm/ entity would have to be submitted prior consideration for Stage-II.
IPR
All participating entities/ firms/ individuals would have to confirm, that they lawfully own all Intellectual Property Rights ("IPRs") subsisting in their proposals and that their participation does not infringe on any third party's IPRs.
The entities/ firms/ individuals will be responsible for obtaining any and all necessary permissions from third parties to use their IPRs for any application that would form part of the proposal.
GRSE will reserve the right to ask for additional evidence or documents to validate that all information supplied by the entities/ firms/ individuals is true and complete.
General
- GRSE may cancel the Challenge or vary these terms and conditions at any time at our sole discretion.
- GRSE reserves the right to suspend the Challenge at any time and to change the form and substance, dates for deadlines, and events, locations, and/or specification of the Challenge.
- Any changes to the terms and conditions will be posted only on the GRSE website.
- GRSE reserves the right not to make any payment for Stage-II submission / deliverable (Project Report) if the same is incomplete of does not provide the requisite level of information that would facilitate the shipyard to progress to a commercial process for implementation.
- GRSE reserves the right to not select any firm/ entity as winner(s) of the GAINS Challenge.
FAQ
What are the key offerings for participants?
Payment of up to a maximum Rs 5 Lakh envisaged against Stage-II deliverables (upto Rs 5 Lakhs). Winner(s) may be awarded contract(s). If the product is sold to other customers, a revenue sharing model will be worked out.
How will I know about the result of each round?
Result will be published on GRSE Website as well as social GRSE media platforms.
What will be the qualifying criteria for getting selected?
- Innovative technological & business solutions to address
challenges in the ship design and construction sector
(including equipment).
- Value to the shipyard.
- Cost & potential Return on Investment (ROI).
- Timelines for implementation.
- Market potential.
- Implementation strategy.
Who is the Point of Contact (PoC)?
The designated PoC of GAINS Challenge is Cmde Rajiv Sreedharan, IN(Retd.), Chief General Manager (Innovation & New Technology) Email: gains@grse.co.in
How do I know shipyard's processes and procedures?
An initiation/familiarisation phase is envisaged, post hosting of the Challenge. During this phase, a detailed webinar will be hosted to provide information on GRSE's business interests, expertise and general processes and procedures. Entities/firms/individuals would be encouraged to visit the shipyard for a first-hand appreciation and brainstorming with the GAINS team, during this familiarisation phase, to gain clarity on the objectives and potential areas of work.
Apply for GAINS 2024
If you believe you can be part of GRSE's innovation journey, submit your proposal in the requisite format to gains[at]grse[dot]co[dot]in
Contact Us
- Cmde Rajiv Sreedharan, IN(Retd.)
- Chief General Manager (Innovation & New Technology)
- GRSE Bhavan, 61, Garden Reach Road, Kolkata - 700 024, India
- Email: gains[at]grse[dot]co[dot]in