Ministry of Defence's iDEX-DIO signs its 100th innovation contract
Prime Minister Narendra Modi, in April 2018, launched iDEX (Innovations for Defence Excellence), billed as the Ministry of Defence’s (MoD’s) flagship for technological innovation, to encourage start-ups and provide them a platform for co-creation and co-development in defence and aerospace technology. In July 2022 iDEX signed its 100th contract in New Delhi with a firm called Pacify Medical Technologies. iDEX is an ecosystem to foster innovation and technology development in defence and aerospace by engaging innovators and entrepreneurs to deliver technologically advanced solutions for modernising the Indian military, as per its website. iDEX is funded and managed by the “Defence Innovation Organisation” (DIO).
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