Ministry of Defence's iDEX-DIO signs its 100th innovation contract
DEFENSE

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).

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).

Next Story
Building Material

Jindal Aluminium Marks 56 Years of Industrial Leadership

Jindal Aluminium Limited has marked its 56th Inception Day, celebrating a legacy built on vision, resilience and manufacturing leadership. Founded in 1968 and incorporated in 1970 by Padma Bhushan Dr Sitaram Jindal, the company has grown into a major force in India’s downstream aluminium sector under the leadership of Pragun Jindal Khaitan.The company is India’s largest manufacturer of aluminium extruded products and the second-largest producer of aluminium flat-rolled products. With a turnover of around Rs 5,500 crore and a workforce of over 4,000, Jindal Aluminium continues to strengthen..

Next Story
Infrastructure Transport

Tunnelling Begins for Thane, Borivali twin tunnel project

Tunnelling work has commenced for the 11.84-km Thane–Borivali Twin Tunnel, set to be India’s longest urban road tunnel, marking a key milestone in Mumbai’s infrastructure development.As per a post shared by Mumbai Metropolitan Region Development Authority on social media platform X, the tunnel boring machine (TBM) ‘Nayak’—the country’s largest single-shield hard rock TBM for an urban tunnel—was launched by Devendra Fadnavis on Tuesday. The event was attended by Eknath Shinde and Sunetra Pawar, among other dignitaries. A second TBM, ‘Arjuna’, is expected to be launched so..

Next Story
Infrastructure Transport

Large Format Store Planned At M G Road Metro Station

M G Road station in Bengaluru is set to host the city’s first large-format commercial and experience space, with planning led by Bangalore Metro Rail Corporation Limited. BMRCL has invited proposals to develop and operate a central business district destination at the Purple?Pink Line interchange. The plan positions the station as a commercial hub designed to serve a broad commuter base across the city. The proposal is part of a broader effort to activate transit nodes commercially. Tender documents set a minimum monthly rental of Rs 0.944 million (mn), inclusive of GST, for the large-format..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement