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Innovations for Defence Excellence (iDEX) Prime

  • IASbaba
  • April 23, 2022
  • 0
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Innovations for Defence Excellence (iDEX) Prime

Part of: Prelims and GS-III: Indian economy

Context: Defence Minister Rajnath Singh launched Innovations for Defence Excellence (iDEX) Prime and the sixth Defence India Start–up Challenge (DISC–6) meant to encourage defence start–ups during DefConnect 2.0.

  • Aims to support projects, requiring support beyond Rs 1.5 crore up to Rs 10 crore, to help ever-growing start-ups in the defence sector.
  • iDEX has, so far, introduced more than 100 winners to the market, providing direct & indirect employment to thousands of skilled and semi–skilled people.
  • Stressed on continuous strengthening of all sectors, especially the security apparatus, to deal with the challenges that may emanate from the fast–changing world order.

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