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About INDUS-X Summit

Context:

The defence ministry said the ‘INDUS-X’ summit in Delhi marks a “significant milestone” in the collaborative efforts between the two countries.

Relevance:

GS II: International Relations

Dimensions of the Article:

  1. U.S.-India Defense Accelerator Ecosystem (INDUS-X): Promoting Collaborative Defense Innovation
  2. Innovations for Defence Excellence (iDEX)

U.S.-India Defense Accelerator Ecosystem (INDUS-X): Promoting Collaborative Defense Innovation

Launch and Background:

  • Initiated in June 2023 during the state visit of the Indian Prime Minister to the US.

Objective:

  • Expand strategic technology partnerships and defense industrial cooperation between India and the US.

Key Components of INDUS-X:

  • Defense innovation bridge facilitating Joint Challenges, Joint Innovation Fund, Academia engagement, Industry-startup connect, private investment in defense projects, mentoring, and niche technology projects.

Focus Areas:

  • Advance high-tech cooperation and foster joint research, development, and production opportunities in the defense sector.

Specific Goals:

  • Explore co-production possibilities for jet engines, long-range artillery, and infantry vehicles.

Leadership and Collaboration:

  • Led by India’s Innovations for Defense Excellence (iDEX) and the Office of the Secretary of Defense (OSD), US.

Innovations for Defence Excellence (iDEX)

  • Innovations for Defence Excellence (iDEX) is an initiative taken by the government, launched in 2018, to contribute towards modernization of the Defence Industry.
  • iDEX aims to promote innovation and technology development in Defence and Aerospace by engaging Industries (which includes MSMEs, start-ups, individual innovators, R&D institutes & academia).
  • iDEX will provide the engaging industries with funding and other support to carry out Research & Development.
  • iDEX will be funded and managed by Defence Innovation Organization (DIO), and will function as the executive arm of DIO.
  • iDEX has partnered with leading incubators in the country to provide hand holding, technical support and guidance to the winners of iDEX challenges.

Main objectives of iDEX

  • To frame ‘corporate Venture Capital’ models for Indian Defence needs thereby identifying emerging technologies, connecting innovators with military units, facilitating co-creation of new and appropriate technologies and so forth into weapon systems used by Indian Armed Services. 
  • To deliver military-grade products thereby solving the critical needs of the Indian defence set-up by developing or applying advanced technologies.
  • To devise a culture of innovation in the Indian Defence and Aerospace by engaging startups and innovators for co-creation and co-innovation.

November 2024
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