The Union minister of Defence Mr Rajnath Singh has provided the green signal for the iDex or the innovations for Defence excellence Investors Hub on Wednesday, 15th February 2023. The country’s greatest investors have already guaranteed the 200 Cr Indian rupees as a part of the iDex Investors Hub.

About the iDex Investors Hub

The Innovations for Defence Excellence (iDEX) Investors Hub released by the union minister of defence is an initiative taken by the Defence department of the country in order to uplift the defence based start ups and other organisations which concentrates on the manufacturing the defence related products.

The Defence innovation organisation has signed the Memorandum of Understanding (MoU) with the country’s top investors which led to assurance of funds above 200 Cr Indian Rupees at Manthan,

The Aims of the iDEX Investor Club

The Innovations for Defence Excellence (iDEX) Investors Hub focuses on ways to scale up capital infusion in the field of Defence also, the investment Hub focuses on providing the investors an amalgamated vision about latest Defence related innovations and other chances related to this field.

Other platforms Released by the Defence Ministry in line with the iDEX Investors Hub

The Ministry of Defence of the country has also released the DISC 9 which is the iDEX investors Hub’s first ever collaboration with the Indian Cyber Crime Coordination Centre of Ministry of Home Affairs.

Photo Credit-Republic World