Defence India Startup Challenge and iDEX
Defence Minister has launched the Defence India Startup Challenge (DISC 4) during the iDEX event, featuring the initiatives aimed at expanding the horizons of Innovations for Defence Excellence (iDEX) ecosystem.
• Under Defence India Startup Challenge (DISC) 4, eleven challenges from Armed forces, OFB&DPSUs were thrown open to prospective startups, innovators, MSMEs alike to provide their innovative ideas on technologies which find their application in the defence sector such as Autonomous Underwater Swarm Drones, AI based Satellite Image Analysis, Reduction of RCS of Naval Warships, etc.
• In order to develop a 'right product and the product right', DIO has adopted the Product Management Approach to steer the prototype development to a market ready product.
The iDEX initiative stands out as one of the most effective and well-executed defence Startup ecosystem created in our country and it would be a decisive step towards achieving self-reliance in the spirit of the AtmaNirbhar Bharat campaign in defense realm.
For the first time, an atmosphere has been created in the country where different stakeholders have been brought together to push for innovations in the defence sector.
In order to further strengthen our defence system and make it self- reliant the participation of private sector is also crucial. For this certain steps like partnerships with private sector, technology transfer and FDI through automatic route must be inducted.