Note4Students
From UPSC perspective, the following things are important :
Prelims level: Innovations for Defence Excellence (IDEX)
Mains level: Not Much
Central Idea
- Innovations for Defence Excellence (IDEX), the flagship initiative of the Ministry of Defence (MoD), has achieved a milestone with the signing of the 250th contract.
- The first contract under Mission DefSpace and the 100th SPRINT (Navy) contract were signed on May 15.
What is Innovations for Defence Excellence (IDEX)?
- IDEX is a government initiative launched in April 2018.
- Its objective is to contribute to the modernization of the Defence Industry.
- The initiative focuses on promoting innovation and technology development in the Defence and Aerospace sectors.
- Industries, including MSMEs, start-ups, individual innovators, R&D institutes, and academia, are engaged under iDEX.
- IDEX provides funding and support to these industries to carry out Research & Development activities.
- The Defence Innovation Organization (DIO) funds and manages IDEX, serving as its executive arm.
Key achievements of IDEX
- The first IDEX contract of Mission DefSpace was exchanged between officials of the MoD and InspeCity, a winner of the challenge for developing a micro propulsion system for CubeSats.
- InspeCity is working on a gas-based compact micro propulsion system that can be integrated with satellites, including the CubeSat swarm under Mission DefSpace.
- IDEX has received over 7,500 applications from individual innovators, Micro, Small, and Medium Enterprises (MSMEs), and startups.
- The initiative has generated thousands of jobs and attracted India’s talent back to the country.
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