iDEX scheme launched at DefConnect 2024 to ‘nurture innovation of youth’

New Delhi: Eligible start-ups to receive grant-in-aid of up to Rs 25 crore for innovations in defence technology

BY | Monday, 4 March, 2024

The Acing Development of Innovative Technologies with iDEX (ADITI) scheme was launched by Union Defence Minister Rajnath Singh on Monday at the DefConnect 2024 in New Delhi. Under the scheme, start-ups are eligible to receive grant-in-aid of up to Rs 25 crore for their research, development, and innovation endeavours in defence technology.

“As times are changing, new technologies are coming into existence. To become a developed country, it is necessary for us to achieve a technological edge. We have to transform our country into a knowledge society,” the Union Minister said, adding that “The scheme will nurture the innovation of youth, and help the country leap forward in the field of technology.”

The ADITI scheme worth Rs 750 crore for the period 2023-24 to 2025-26 falls under the iDEX (Innovations for Defence Excellence) framework of Department of Defence Production (DDP), Ministry of Defence. It aims to develop about 30 deep-tech critical and strategic technologies in the proposed timeframe. It also envisages to create a ‘Technology Watch Tool’ to bridge the gap between the expectations and requirements of the modern Armed Forces and the capabilities of the defence innovation ecosystem. In the first edition of ADITI, 17 challenges – Indian Army (3), Indian Navy (5), Indian Air Force (5) and Defence Space Agency (4) – have been launched.

The event also witnessed the launch of the 11th edition of Defence India Start-up Challenge (DISC) that introduced 22 problem statements – Indian Army (4), Indian Navy (5), Indian Air Force (5), Armoured Vehicles Nigam Limited (7) and Hindustan Shipyard Limited (1) – aimed at addressing critical defence challenges, inviting innovators to propose innovative solutions that can enhance the country’s defence capabilities and contribute to national security.

As part of DefConnect 2024, a technology showcase was also organised by iDEX-Defence Innovation Organisation (DIO) with a diverse range of technology start-ups at the forefront of innovation in the defence sector. These start-ups are revolutionising key areas such as Artificial Intelligence and Robotics, Undersea Detection and Communication, Unmanned Aerial Vehicles, Wearable Technology, Blast & Ballistics Proof Structures and Equipment, smart textiles and cyber security.

As part of a broader discourse on diversity and inclusion in defence entrepreneurship, DefConnect 2024 hosted a thought-provoking panel discussion on ‘Women as Drivers of Change’. The discussion explored the pivotal role of women in shaping the future of defence innovation and strategies to further promote gender diversity in the sector. The panel witnessed various noted participants from the Department of Space, Indian Air Force, Financial institutions and start-ups. The discussion offered insights on the Indian Defence Landscape, Technology, Future Trends, Innovation, and opportunities for the Indian start-up ecosystem. In recognition of the invaluable contributions of women entrepreneurs to the defence innovation ecosystem, DefConnect 2024 featured a special felicitation ceremony for iDEX women entrepreneurs.

In addition, DefConnect 2024 witnessed the launch of a rolling iDEX internship program, aimed at nurturing young talent and providing them with hands-on experience and mentorship in defence innovation. This initiative seeks to groom the next generation of innovators and equip them with the skills and knowledge necessary to contribute effectively to the defence innovation ecosystem.

Furthermore, as part of its ongoing efforts to foster investment in defence start-ups, iDEX announced Memoranda of Understanding (MoUs) with new investors under the iDEX Investors Hub (IIH). These partnerships will facilitate increased investment in defence start-ups, providing them with the necessary capital and support to scale their ventures and drive innovation in the sector. These strategic partnerships have now taken the pledge to funds, from Rs 200 crore to more than Rs 500 crore.

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