Indus-X investors meet

Indus-X investors meet

News: Recently, the inaugural INDUS-X Investors Meet, organized by Innovations for Defence Excellence (iDEX) and the US Department of Defence, preceded the 2+2 Indo-US Ministerial Dialogue.

What is Indus-X initiative?
• The India-U.S. Defense Acceleration Ecosystem (INDUS-X) is an initiative launched by the U.S. Department of Defense (DoD) and the Indian Ministry of Defense (MoD) to expand the strategic technology partnership and defense industrial cooperation between the two countries.
• This initiative builds on a commitment by the U.S. and Indian National Security Advisors in January 2023 to launch an “Innovation Bridge” to connect U.S. and Indian defense start-ups as part of the U.S.-India initiative on Critical and Emerging Technology (iCET)
• India’s Innovations for Defense Excellence (iDEX) and the Office of the Secretary of Defense (OSD) are leading INDUS-X activities for MoD and DoD, respectively. The aim is to strengthen ties between the defense industrial ecosystems of both countries to make them more innovative, accessible, and resilient.