iDEX

About:

• The event was inaugurated by Raksha Mantri Shri Rajnath Singh. The event will attract a large number of innovators and investors from India’s leading industries in the defence sector.
  
  
• The DefConnect will provide a unique opportunity for innovators associated with iDEX-DIO to showcase their capabilities, products and state-of-the-art-technologies to the target audience of the industry leaders.
  
  
• The iDEX, launched by Prime Minister Shri Narendra Modi in 2018, essentially provides a unified platform for various stakeholders in the defence and aerospace sectors.
  
  
• It acts like an umbrella organisation to oversee technology development and potential collaborations in this specific field.
  
  
• Platforms like the iDEX enable the military to find disruptive solutions to complex challenges through its flagship programmes like Defence India Startup Challenges (DISC) and Open Challenges (OC) which shall be the key components for the future of military technology.
  
  
• Till date, iDEX has launched five rounds of DISC and three rounds of OC, receiving more than 2,000 applications from individual innovators and start-ups.
  
  
• Furthermore, iDEX has been able to fund projects in numerous technological areas through its Grant-in-Aid framework, Support for Prototype and Research Kickstart (SPARK), which entail provisioning of grant up to Rs 1.50 crore to budding entrepreneurs.