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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.
ABOUT IDEX
iDEX (Innovations for Defence Excellence), the flagship scheme of the Ministry of Defence, was 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, till now procurement of 31 items worth over Rs 2000 Cr. has been cleared.
iDEX has also received the PM Award for Innovation in the defence sector.
iDEX is funded and managed by a “Defence Innovation Organisation (DIO)‟ formed as a “not for profit‟ company as per Section 8 of the Companies Act 2013 for this purpose.