Idex Initiative: Indian Army Awards First Contract Under Idex Initiative, Contracts With Hyper Stealth – Indian Army Awards First Contract Under Idex InitiativeNews WAALI

The iDEX project
– Photo: makeinindiadefense.gov.in

Expansion

The Indian Army has placed the first purchase order to a new company under the government’s ‘Innovation for Defense Excellence’ (iDEX) project. Prime Minister Narendra Modi launched iDEX in 2018 with the aim of fostering innovation and creating an ecosystem to encourage technological development in the defense and aerospace sector.

The Ministry of Defense said in a statement that the Army has finalized a contract with a start-up company Hyper Stealth Technologies Pvt Ltd for the procurement of an indigenously developed ‘Integrated Mobile Camouflage System’ for the mechanized forces.

According to the statement, the Indian Army has taken the lead in placing the first procurement order for the iDEX project as per the revised procedure. The iDEX initiative is being implemented by the Defense Innovation Organization (DIO), established under the Department of Defense Production.

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