- Defence Minister Rajnath Singh launched the ‘iDEX Investor Hub’ (iIH), under which more than Rs 200 crores had already been pledged by leading Indian investors.
- He also launched the ninth edition of ‘Defence India Startup Challenges (DISC 9)’ on “Cybersecurity” during the annual defense innovation event ‘Manthan’ as part of the Aero India 2023 here.
- Industry and academia will be steered by the Indian Army through various research and development avenues including iDEX, Technology Development Fund (TDF), and Army Technology Board (ATB).
- Innovation for Defense Excellence (iDEX) is a flagship initiative of the Department of Defense Production, aimed at encouraging start-ups and other such entities engaged in defense innovation.
- iDEX Investor Hub aims to accelerate investments in the defense sector and give investors an integrated view of opportunities and innovations.