GRSE plans profit-sharing deals with startups it incubates



Warship-maker Garden Reach Shipbuilders and Engineers (GRSE) plans to enter into profit-sharing deals with startups it incubates at the stage of commercialisation during product development stage.

The Kolkata-based public sector company, part of the Ministry of Defence, has allocated a dedicated fund from its research and development budget to foster startups focused on the shipbuilding sector.

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