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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