iDEX

• 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.