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  • Tue. Nov 5th, 2024

iDEX (Innovations for Defence Excellence)

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Innovations for Defence Excellence- Defence Innovation Organization (iDEX-DIO) is all set to participate in the tenth edition of the Vibrant Gujarat Summit 2024 from 10 to 12 January 2024 at Gandhinagar, Gujarat.

About iDEX:

  • It is the flagship scheme of the Ministry of Defence, Govt of India launched in 2018.
  • The objective of the scheme is to cultivate an innovation ecosystem in the Defence and Aerospace sector by collaborating with startups, innovators, MSMEs, incubators, and academia.
  • iDEX offers grants and support for R&D with significant potential for future adoption in Indian defence and aerospace.
  • It is currently engaged with around 400+ Startups and MSMEs.
  • It is recognized as a game-changer in the defence ecosystem, iDEX has received the PM Award for Innovation in the defence sector.
  • Funding: It will be funded and managed by a ‘Defence Innovation Organization (DIO)’ which has been formed as a ‘not for profit’ company as per the Companies Act 2013 for this purpose, by the two founder memberse. Defence Public Sector Undertakings (DPSUs) – HAL & BEL.
  • iDEX will function as the executive arm of DIO, carrying out all the required activities while DIO will provide high level policy guidance to iDEX.

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