5th Edition of Defence India Startup Challenge to be Launched Tomorrow
New Delhi: Indian Defence Minister Rajnath Singh will launch the Defence India Startup Challenge 5 on Thursday leveraging the startup ecosystem to develop Indias defence technologies, equipment design and manufacturing capabilities.
“Three years after the launch of Defence India Startup Challenge 1.0 (DISC), Innovations for Defence Excellence (iDEX), Defence Innovation Organisation (DIO), will launch DISC 5.0 in New Delhi on August 19, 2021,” the Defence Ministry said.
iDEX provides a platform for different stakeholders in the defence and aerospace sectors, essentially acting as an umbrella organisation to oversee technology development and potential collaborations in the specific field.
With initiatives such as DISC and Open Challenges, iDEX is able to utilise the strong science, technology and research talent base of the country to develop new capabilities in defence innovation. DISC 5.0 will have more challenges than the first four DISC editions taken together.
Problem Statements received from the Services and Defence Public Sector Undertakings (DPSUs) under DISC Round 5 will be launched by Singh.
“iDEX had been designed to infuse latest technology into military warfare closely intertwined with the needs of the Services and reduce dependence on imports, according to Secretary (Defence Production) Raj Kumar,” the ministry said.
The Problem Statements by the Services and DPSUs are designed to ensure military advantage in the foreseeable future.
The winners receive grants of up to Rs 1.5 crore from iDEX, along with support from Partner Incubators and guidance from the Nodal Officers who are the ultimate users.
The launch of DISC 5.0 will be a massive leap towards leveraging the startup ecosystem to develop India’s defence technologies, equipment design and manufacturing capabilities.
These challenges will also encourage startups to become more attuned to innovative concepts and inculcate the approach of creative thinking in India’s budding entrepreneurs.