Defence Minister Rajnath Singh on Tuesday released the Project Management Approach (PMA) guidelines for iDEX (Innovations for Defence Excellence) during the launch function of Defence India Startup Challenge-4 (DISC4).
Apart from Singh, Chief of Defence Staff (CDS) General Bipin Rawat also participated in the event, being held via video conferencing.
“DISC-4 challenge will surge ahead of its earlier editions and promote innovation and development in the country. Similarly iDEX4Fauji initiative will ensure the participation of our personnel in this program,” Singh said.
The Defence Minister congratulated all stakeholders, including those in the Ministry of Defence (MoD), for creating such an environment where participants from various sectors are coming together to promote innovation in defence.
“In the process of making defence sector strong and self-reliant, we have understood that along with the government sector the private sector too needs to participate in this. We have taken some policy decisions too in this regard. Partnerships with the private sector, technology transfer, 74 per cent FDI approval and the recently released negative list of 101 items are a part of it. We want to promote our private players along with opting for built in the country products,” he said.
Inputs included from Times Now News.