Defence Minister Rajnath Singh Launches Defence India Startup Challenge-4
Today, the Honourable Defence Minister of India, Shri Rajnath Singh released the Project Management Approach (PMA) guidelines for iDEX (Innovations for Defence Excellence). This was declared by the Minister when the launch event of Defence India Startup Challenge – 4 (DISC4) was being conducted.
The event was conducted virtually in a video conference where the Chief of Defence Staff (CDS) General Bipin Rawat also participated.
Shri Singh said, "DISC-4 challenge will surge ahead of its earlier editions and promote innovation and development in the country. Similarly iDEX4Fauji initiative will ensure the participation of our personnel in this program."
Shri Rajnath Singh congratulated every stakeholder, and also the Ministry of Defence for assembling an eco-system where different personalities will join and give thoughts on innovation in defence.
He said, "In the process of making defence sector strong and self-reliant we have understood that along with the government sector the private sector too needs to participate in this. We have taken some policy decisions too in this regard. Partnerships with private sector, technology transfer, 74 percent FDI approval and the recently released negative list of 101 items are a part of it. We want to promote our private players alongwith opting for built in the country products.”
The said that the ‘Defence Acquisition Procedure 2020’ mounts provision for the promotion of participation from the private sector.
Singh said, "We neither have a dearth of talent nor of demand for it. In the absence of a common platform, they were not able to meet up at a common place. iDEX platform has succeeded in filling this gap. In the last three rounds of DISC, over 700 startups and innovators had participated. Out of these 58 participants, were chosen for innovation grants under 'Support for Prototype and research kickstart' (SPARK). The 11 challenges in the DISC-4 challenge cover all needs of the armed forces.”