Innovations for Defence Excellence – iDEX

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For the next five years, the DEFENCE Minister has approved a budget of Rs 498.8 crore for Innovations for Defence Excellence (iDEX) Defence Innovation Organization (DIO).

About Idex:

iDEX was founded in 2018 to achieve self-sufficiency and foster innovation and technology development in the fields of defence and aerospace by bringing together MSMEs, start-ups,

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individual innovators, and R&D institutions, academia, etc.

iDEX will also provide them with grants/funding and other assistance to conduct R&D that has a high potential for future adoption for Indian defence and aerospace needs.

It was issued by the Ministry of Defence’s Department of Defence Production.