iDEX-DIO signs 100th contract for defence innovation

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The Defence Secretary, Dr. Ajay Kumar, at the signing of 100th contract for defence innovation by senior officials of iDEX and Pacify Medical Technologies Pvt Ltd, in New Delhi on July 26, 2022.
The Defence Secretary, Dr. Ajay Kumar, at the signing of 100th contract for defence innovation by senior officials of iDEX and Pacify Medical Technologies Pvt Ltd, in New Delhi on July 26, 2022.
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‘Aatmanirbhar Bharat’: iDEX-DIO signs 100th contract for defence innovation

By PIB Delhi

 iDEX (Innovations for Defence Excellence), the flagship initiative of the Department of Defence Production, Ministry of Defence, ceremoniously embarked upon the milestone of signing its 100th contract on 26 July 2022. 

iDEX framework was launched by Hon’ble Prime Minister Shri Narendra Modi in 2018 with the objective that it would provide the platform for co-creation and co-development in the Defence sector, and would engage start-ups to contribute to the defence sector and develop defence and aerospace setup in the country. iDEX is being implemented by Defence Innovation Organisation (DIO), established under the Department of Defence Production, Ministry of Defence. 

Within a short span of time iDEX, which has also been awarded the prestigious Prime Minister Award for Public Policy in Innovation Category for the year 2021, has emerged as a game changer in the Defence eco-system through its flagship programmes like Defence India Start-up Challenges (DISC), Prime and Open Challenges (OC). iDEX has been able to build the required momentum and generate a critical mass of start-ups in the defence sector. 

Today, the 100th contract was signed by Additional Secretary (Defence Production) and CEO, DIO Shri Sanjay Jaju with CEO Pacify Medical Technologies Pvt Ltd Shri Saiprasad Poyarekar. The occasion was graced by Defence Secretary Dr. Ajay Kumar and Vice Chief of Army Staff Lt. Gen BS Raju. Speaking on the occasion, Dr. Ajay Kumar said, “We are confident that iDEX will make India the biggest Defence Innovation Ecosystem in the world. For this, I would like to thank the tireless and continuous efforts and support from all the stakeholders, including the Services, the start-ups, partner incubators, and the iDEX team.” 

To date, iDEX has launched iDEX Prime, seven rounds of DISC (including DISC SPRINT), and five rounds of OC, receiving more than 4,000 applications from individual innovators, MSMEs, and start-ups. More than Rs 250 crore worth of projects have been allocated and procurement of 14 items worth over Rs 400 crore has been cleared. iDEX has also been able to generate thousands of jobs and attract India’s talent back to the country.

 In the last four years, 17 start-ups in 14 projects have already been accorded the Acceptance of Necessity (AoN) by Defence Acquisition Council (DAC) for trial and procurement in March 2022. Projects from the balance of DISC 1 & 2 and some from DISC 3 are nearing completion and may be accorded AoN by DAC by end of the current Financial Year. 

iDEX is working at a path-breaking pace to ensure that its agreements with the start-ups and innovators reach logical conclusions timely, eventually opening a myriad of options for the budding, soon-to-be unicorns and also at the same time addressing the requirement of Services.

About Post Author

Suman Munshi

Founder Editor of IBG NEWS (15/Mar/2012- 09/Aug/2018). Recipient of Udar Akash Rokeya Shakhawat Hossain Award 2018. National Geographic & Canon Wild Clicks 2011 jury and public poll winner. Studied Post Graduate Advance Dip in Computer Sc., MBA IT,LIMS (USA & Australia), GxP(USA & UK),BA (Sociology) Dip in Journalism (Ireland), Diploma in Vedic Astrology, Numerology, Palmistry, Vastu Shastra & Feng Sui 25 years in the digital & IT industry with Global MNCs' worked & traveled in USA, UK, Europe, Singapore, Australia, Bangladesh & many other countries. Education and Training advance management and R&D Technology from India, USA, UK, Australia. Over 30 Certification from Global leaders in R&D and Education. Computer Science Teacher, IT & LIMS expert with a wide fan following in his community. General Secretary West Bengal State Committee of All Indian Reporter’s Association
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