What are the key features of the iDEX initiative signed under the Defence Ministry

Identify and explain the significance of the 350th contract signed under iDEX for miniaturised satellite.
  • The iDEX initiative under the Defence Ministry focuses on fostering innovation and technology development in the defense sector.
  • It aims to encourage startups, MSMEs, and individual innovators to contribute towards indigenization and self-reliance in defense production.
  • The 350th contract signed under iDEX for miniaturized satellite signifies a significant milestone in promoting cutting-edge technology development in the defense sector.
  • This contract is crucial as it opens up opportunities for leveraging advancements in miniaturized satellite technology for defense applications.
  • It showcases the success of collaboration between the government, industry, and innovators in driving indigenous technology development and strengthening national security capabilities.
Answered 10 months ago
Amit2 Preparing for Civil Services