iDEX Scheme | 18 Oct 2024
The Ministry of Defence is seeking more funds to continue its iDEX scheme, a central sector scheme which started in 2021, as 90% of the approved budget for 2021-26 has already been used.
- The iDEX scheme helps startups, MSMEs, and innovators create new defence and aerospace technologies, resulting in the development of 37 products so far.
- iDEX Prime: iDEX Prime raises the grant limit from Rs. 1.5 crore to Rs. 10 crore to support more advanced defence systems.
- ADITI Scheme: The ADITI scheme, launched in 2024,offers grants of up to Rs 25 crore for developing 30 key defence technologies under the iDEX framework.
- ADITI 2.0 introduces 19 new challenges in areas like AI, quantum technology, anti-drone systems, and adaptive camouflage, aiming to strengthen India's defence capabilities further.
- Defence India Start-up Challenges (DISC): To boost the iDEX initiative, DISC was launched with Atal Innovation Mission to support start-ups and MSMEs in defence innovation, with 12th edition of DISC offering 41 challenges in key tech areas like Unmanned Aerial Vehicle(UAVs) and AI, providing grants up to Rs 1.5 crore.
Read More: Innovations for Defence Excellence