Initiative Details
Project Name | INNOVATIONS FOR DEFENCE EXCELLENCE(iDEX) |
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Department/State/District | Department of Defence Production, Govt. of India |
Sector | Improving Governance |
Year | 2021 |
Project Details |
Summary
iDEX has created an ecosystem to foster innovation and technology development in defence and aerospace by engaging industries including MSMEs, start-ups, individual innovators, R&D institutes and academia. India as a nation is steadfastly moving towards achieving self - reliance in the eld of defence and defence production. The concerted aim is to minimize dependence on imports as India today is the world’s largest defence equipment importer and is expected to spend around USD 220 Billion in the coming decade to modernize its armed forces. Innovation for Defence Excellence (iDEX) is a specialised team funded and managed by a Defence Innovation Organisation (DIO) and formed as a ‘not for prot’ company as per Section 8 of the Companies Act 2013. iDEX with its functional autonomy has been setting up and managing iDEX network in form of Independent Defence Innovation Hubs. It has organised various challenges and hackathons to shortlist potential technologies for defence and aerospace use. It facilitates scale-up, indigenization and integration in manufacturing facilities for successfully piloted technologies. It has capacity to evaluate newer technologies and products. And it is also an interface with the military top brass... Read More