India's defence landscape is witnessing a remarkable transformation, driven by a wave of innovation and entrepreneurship. At the heart of this change is the Innovations for Defence Excellence (iDEX) initiative, which has become a breeding ground for cutting-edge solutions tailored to the unique needs of the Indian armed forces. Launched by the Ministry of Defence in 2018, IDEX aims to engage startups and small to medium-sized enterprises (SMEs) in developing high-tech solutions for defence challenges. As a result, several iDEX winners are now securing substantial contracts from the Indian military, revolutionizing defence capabilities with their innovative technologies.
Nurturing Innovation in Defence The iDEX initiative was conceived to tap into the vast potential of India's entrepreneurial ecosystem. By providing a platform for innovators to collaborate with the defence sector, iDEX has successfully bridged the gap between military needs and market solutions. This approach not only accelerates the pace of technological advancement but also ensures that the solutions are practical and applicable to real-world scenarios.
One of the key mechanisms of IDEX is the Defence
Bu hikaye Business Standard dergisinin August 15, 2024 sayısından alınmıştır.
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