Acing Development of Innovative Technologies with iDEX (ADITI) scheme launched under iDEX framework | Current Affairs | Vision IAS
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Acing Development of Innovative Technologies with iDEX (ADITI) scheme launched under iDEX framework

Posted 05 Mar 2024

Updated 27 Mar 2024

2 min read

  • Key highlights of the scheme
    • Ministry: Ministry of Defence 
    • Purpose: To develop about 30 deep-tech critical and strategic technologies in the proposed timeframe.
    • Financial support: Grant up to 50% of the product development budget with a cap of Rs. 25 Crore. 
    • Technologies covered: Technologies which are critically required for national security and where the country does not have existing capabilities
      • Such technologies shall have core Defence applications and may also have export potential.
    • Eligibility
      • Startups, as defined and recognized by the Department for Promotion of Industry and Internal Trade (DPIIT).
      • Any Indian company incorporated under the Companies Act 1956/2013, primarily an MSME as defined in the MSME Act, 2006.
      •  Individual innovators (research & academic institutions can use this category to apply) registered as Startup/MSME.
    • Technology Watch Tool: It is envisaged to be developed to bridge the gap between the expectations and requirements of the modern Armed Forces and the capabilities of the defence innovation ecosystem. 
    • Tenure: 2023-24 to 2025-26 

 

iDEX (Innovations for Defence Excellence) 

  • iDEX is the operational framework of the Defence Innovation Organization (DIO) which is DIO is a Section 8 (of Companies Act 2013) company. 
    • DIO is formed jointly by Hindustan Aeronautics Limited (HAL) and Bharat Electronics Limited (BEL).
  • iDEX-DIO provides the winner (start-ups/ individuals) of the Defence India Startup Challenge (DISC) funding up to Rs 1.5 crores (depending upon the costing of the project and matching contribution). 
    • To motivate young innovators, iDEX was expanded to iDEX Prime, with the assistance increasing from Rs 1.5 crore to Rs 10 crore.
  • Tags :
  • iDEX framework
  • ADITI scheme
  • Ministry of Defense
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