Innovation for Defense Excellence (iDEX)

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Innovation for Defense Excellence (iDEX)

  • Recently Innovation for Defense Excellence (iDEX) has achieved a major milestone by signing the 150th contract.
  • Defense Ministry has signed the 150th contract for Defense Innovation under iDEX.
  • The contract pertains to an Indian Navy project under the Defense India Start-up Challenge.

About Innovation for Defense Excellence (iDEX)

  • iDEX Framework was established in the year 2018. It provides a platform for co-creation and co-development in the defense sector.
  • Under this, participation of start-ups is being encouraged to develop defense and aerospace capability in the country.
  • iDEX is being implemented by the Defense Innovation Organization (DIO) set up under the Department of Defense Production.

Defense Innovation Organization (DIO):

  • DIO is a non-profit organization formed under section 8 of the Companies Act 2013.
  • It is funded by Hindustan Aeronautics Limited (HAL) and Bharat Electronics Limited (BEL). It provides high level policy guidance to iDEX.

Importance of Defense Start-up

  • This will lead to self-reliance and innovation and technology development in the defense and aerospace sectors.
  • This will enable the youth to contribute to India’s defense needs.
  • This will help in reducing the import of defense related equipment.

Other initiatives taken to promote innovation in defense sector

  • Dare to Dream: It is a pan India innovation competition to promote start-ups and innovators to contribute to the defense ecosystem.
  • Technology Development Fund Scheme: Under this, industries (especially MSMEs and start-ups) are encouraged to develop different defense technologies. It is being implemented by the Defense Research and Development Organization (DRDO) under the ‘Make in India’ initiative.
  • Srijan Portal: Developmental support is provided to Micro, Small and Medium Enterprises (MSMEs)/Start-ups/Industries to reduce defense imports.

Source – PIB

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