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Source: The post is based on the article “INDUS-X: First INDUS-X Investors Meet held in Delhi ahead of 2+2 Indo-US Ministerial Dialogue” published in “PIB” on 9th November 2023
Why in the News?
Innovations for Defence Excellence (iDEX) has organized the first INDUS-X Investors Meet at New Delhi.
What is INDUS-X?
| Specifications | Details |
| Full Form | India – U.S. Defense Acceleration Ecosystem (INDUS-X) |
| Launched in | June 2023 |
| Aim | To expand strategic technology partnership and defense industrial cooperation between governments, businesses and academic institutions of India and US. |
| Led by | India’s Innovations for Defense Excellence (iDEX) and the Office of the Secretary of Defense (OSD) |
| Activities | INDUS-X will organize several initiatives such as joint prize challenges for start-ups, roundtable events, mentor-protege initiatives between major primes and startups, formation of a Senior Advisory Group among others. |
| Significance | This initiative builds on a commitment by the U.S. and Indian National Security Advisors in January 2023. They committed to launch an “Innovation Bridge” to connect U.S. and Indian defence start-ups as part of the U.S.-India initiative on Critical and Emerging Technology(iCET) |
UPSC Syllabus: International Relations
