‘iDEX Investor Hub’ launched by Defence Minister

Current Affairs

  • 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.

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