Business Standard

Sunday, December 22, 2024 | 11:52 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Ministry of Defence's iDEX-DIO signs its 100th innovation contract

Defence Secretary Ajay Kumar says, "We are confident that iDEX will make India the biggest defence innovation ecosystem in the world'

idex
Premium

Officials of iDEX at signing ceremony of 100th contract for defence innovation with Pacify Medical Technologies Pvt Ltd in the presence of Defence Secretary Ajay Kumar, in New Delhi

Ajai Shukla New Delhi
In April 2018, Prime Minister Narendra Modi launched a project named iDEX (Innovations for Defence Excellence), billed as the Ministry of Defence’s (MoD’s) flagship for technological innovation. iDEX was to encourage start-ups and provide them a platform for co-creation and co-development in defence and aerospace technology. 

On Tuesday, iDEX signed its 100th contract in New Delhi with a firm called Pacify Medical Technologies Pvt Ltd. 

Speaking on the occasion, Defence Secretary Ajay Kumar said, “We are confident that iDEX will make India the biggest defence innovation ecosystem in the world.” 

On its website, iDEX is defined as “an ecosystem to foster innovation and

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in