Defence Minister Rajnath Singh on Friday launched the sixth edition of the Defence India Startup Challenge under the ongoing Innovations for Defence Excellence (iDEX) programme.
This aims to support projects, requiring support beyond Rs 1.5 crore and up to Rs 10 crore. Apart from the three services and some Defence Public Sector Undertakings (DPSUs), which have participated in earlier editions, this time the newly-formed seven defence companies, Indian Coast Guard and organisations under the Ministry of Home Affairs will also participate.
Singh described such challenges as a symbol of increasing technological prowess of the country. “The iDEX programme has provided an opportunity to our science and technology professionals to understand futuristic technologies such as AI, augmented reality, block-chain and space technologies,” the minister said. —
Source: tribuneindia.com
