INDUS-X: First INDUS-X Investors Meet held in Delhi ahead of 2+2 Indo-US Ministerial Dialogue
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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?

SpecificationsDetails
Full FormIndia – U.S. Defense Acceleration Ecosystem (INDUS-X) 
Launched inJune 2023
AimTo expand strategic technology partnership and defense industrial cooperation between governments, businesses and academic institutions of India and US. 
Led byIndia’s Innovations for Defense Excellence (iDEX) and the Office of the Secretary of Defense (OSD) 
ActivitiesINDUS-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.
SignificanceThis 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)

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