Innovations for Defence Excellence(iDEX) framework

News:The Government of India has set up a Innovations for Defence Excellence (iDEX) framework to boost India’s indigenous defence sector.

Facts:

About IDEX Framework:

  • Innovations for Defence Excellence(iDEX) was launched by the Government of India in 2018.
  • It is funded and managed by the Defence Innovation Organization(DIO).
  • It primarily aims at creation of an ecosystem to foster innovation and technology development in Defence and Aerospace by engaging Industries including MSMEs, start-ups among others.
  • It also provides grants/funding to carry out R&D which has good potential for future adoption for Indian defence and aerospace needs.

Additional information:

About DIO:

  • Defence Innovation Organization(DIO) is a ‘not for profit’ company formed under Section 8 of the Companies Act 2013 by two Defence Public Sector Undertakings(DPSUs) namely HAL & BEL.
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