Defense Minister Rajnath Singh urges startups and innovators to come up with new ideas to modernise the armed forces through research and innovation. Singh stresses and said that the startups shall contribute to make the nation strong, prosperous and Aatmanirbhar (Self-reliant) as envisioned by Prime Minister Narendra Modi.
Rajnath Singh said that a large number of startups and innovators are venturing into the defence sector as the Government has created a robust ecosystem for their as well as the nation’s growth, while inaugurating Manthan 2022, an event organised by Innovations for Defence Excellence-Defence Innovation Organisation (iDEX-DIO), Ministry of Defence.
He furthera stated that more than Rs 300 crore have been approved for over 100 iDEX winners to develop products/technologies in more than 50 technological areas, stressing that the iDEX initiative has changed the perception that defence production is only for big businesses and industrialists. “In the last 7-8 years, there has been a change in the consciousness of the nation, with greater focus on solutions and goals. iDEX, a major iniative towards making India self-reliant, is a platform to provide economic support to entrepreneurs to develop state-of-the-art technologies,” he said.
Shri Rajnath Singh lauded iDEX for winning the Prime Minister's Award for Excellence in Public Administration last year and achieving new heights of success since its launch by the Prime Minister during DefExpo 2018. He added that iDEX is a popular initiative of the Ministry of Defence and has encouraged other ministries to adopt innovative schemes. Calling iDEX ‘innovation for innovation’, Shri Rajnath Singh emphasised that it has encouraged the entrepreneurial potential of the country, which was not able to emerge previously due to policy restrictions. He added that the initiative has helped aspiring start-ups and innovators to come forward and work with other stakeholders in the defence sector. Terming iDEX a movement to work for the nation, Shri Rajnath Singh said, the combined efforts of the government and innovators have created a positive ripple effect in the economy.
Elaborating further, the Raksha Mantri stated that iDEX creates direct and indirect employment opportunities and is useful for both job seekers and job creators. He highlighted that since the inception of iDEX, over 6,000 applications have been received in the last seven editions of Defence India Start-up Challenge and Open Challenge. He also shed light on iDEX Prime which was launched to provide Grant-in-Aid support worth up to Rs 10 crore.
On the growth of iDEX, Shri Rajnath Singh said that the platform now has a presence in Tier-II and Tier-III cities and is connecting with incubators across India. He called for focussing on the twin principles of dispersing more and gathering more to further expand the reach of the initiative to different parts of the country, with the aim to connect with more young ignited minds.