ENA Sectors 2024-03-05 14:02:38 <p><span style="font-size:14px"><strong>New Delhi, Mar 5 (KNN)</strong> Defence Minister Rajnath Singh has inaugurated the Acing Development of Innovative Technologies with iDEX (ADITI) scheme to foster advancements in critical and strategic defence technologies.</span></p> <p><span style="font-size:14px">This initiative aims to encourage innovation in defence technology among start-ups by offering grant-in-aid of up to Rs 25 crore for research, development, and innovation projects.</span></p> <p><span style="font-size:14px">Addressing a diverse audience comprising industry leaders, entrepreneurs, innovators, and policymakers, the Raksha Mantri expressed confidence in ADITI's potential to nurture youth innovation and propel the nation forward in technology.</span></p> <p><span style="font-size:14px">He stated, The scheme will nurture the innovation of youth, and help the country leap forward in the field of technology.</span></p> <p><span style="font-size:14px">The scheme, falling under the Innovations for Defence Excellence (iDEX) framework of the Department of Defence Production (DDP), Ministry of Defence, is allocated Rs 750 crore for the period 2023-24 to 2025-26.</span></p> <p><span style="font-size:14px">ADITI sets out to develop approximately 30 deep-tech critical and strategic technologies within the stipulated timeframe.</span></p> <p><span style="font-size:14px">Additionally, it aims to establish a 'Technology Watch Tool' to bridge the gap between the modern Armed Forces' expectations and requirements and the capabilities of the defence innovation ecosystem.</span></p> <p><span style="font-size:14px"><em><strong>(KNN Bureau)</strong></em></span></p> 36939 https://knnindia.co.in/news/newsdetails/sectors/defence-ministry-introduces-aditi-scheme-for-start-ups-in-defence-technology 2024-03-05 14:02:38 knnindia.co.in