Defence ministry is organising Def-Connect in New Delhi to showcase the accomplishments of the Innovations for Defence Excellence (iDEX) initiative.
About:
Innovations for Defence Excellence (iDEX) was launched by the Government of India in 2018.
It primarily aims at creation of an ecosystem to foster innovation in Defence and Aerospace by engaging Industries including MSMEs, start-ups, individual innovators, R&D institutes & academia, and provide them grants/funding and other support to carry out R&D which has good potential for future adoption for Indian defence and aerospace needs.
iDEX will be funded and managed by a ‘Defence Innovation Organization (DIO)’ which has been formed as a ‘not for profit’ company as per Section 8 of the Companies Act 2013 by the two founder members i.e. 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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