18th June 2021 (4 Topics)
Innovations for Defence Excellence (iDEX)
Context
Innovations for Defence Excellence (iDEX) is an initiative launched by the Indian government to foster innovation and technological development in the defense sector. The program aims to create an ecosystem that promotes the engagement of startups, individual innovators, MSMEs (Micro, Small, and Medium Enterprises), and research institutions in defense and aerospace technologies.
About
Key objectives of iDEX include:
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Encouraging Innovation: To promote innovation and technology development in the defense and aerospace sectors by providing a platform for startups and innovators.
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Indigenization: To enhance self-reliance in defense production by supporting the development of indigenous technologies and solutions.
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Collaboration: To facilitate collaboration between the defense industry and innovative entities, fostering partnerships that lead to the development of cutting-edge defense technologies.
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Funding and Support: To provide financial support and mentorship to selected startups and innovators through various challenges and funding programs.
iDEX operates through the Defence Innovation Organisation (DIO), which is responsible for the execution of the program, including the evaluation and selection of innovative solutions, providing grants and funding, and facilitating collaborations with the defense establishment.
Overall, iDEX aims to leverage the potential of India's vibrant startup ecosystem to address the technological needs of the defense sector, thereby strengthening national security and defense capabilities.
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