Army places first procurement order under iDEX
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The Indian Army has placed the first purchase order to a start-up under the government’s ‘Innovation for Defense Excellence’ (iDEX) project. Prime Minister Narendra Modi launched iDEX in 2018 with an aim to foster innovation and create an ecosystem to encourage technological development in the defense and aerospace sector.
The Indian Army has placed the first purchase order to a start-up under the government’s ‘Innovation for Defense Excellence’ (iDEX) project. Prime Minister Narendra Modi launched iDEX in 2018 with an aim to foster innovation and create an ecosystem to encourage technological development in the defense and aerospace sector. The Defense Ministry informed that the Army has finalized a contract with a startup Hyper Stealth Technologies Pvt Ltd for procurement of indigenously developed ‘Integrated Mobile Camouflage System’ for the mechanized forces. According to the statement, “The Indian Army has taken the lead in placing the first procurement order for the iDEX project as per the revised procedure.” The iDEX initiative is being implemented by the Defense Innovation Organization (DIO), which was set up under the Department of Defense Production.
Disclaimer:Prabhasakshi has not edited this news. This news has been published from PTI-language feed.
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