New Delhi. India, continually creating new dimensions of progress in invention and innovation, is now emerging as a new hope for the world. In the country, IDEX has begun to defeat the RDX of the terrorists, that is, ammunition, detonators, etc. Here IDEX stands for Defense Innovations for Excellence where new advanced inventions have drawn worldwide attention to India. On the other hand, RDX i.e. Reserved Department Explosive is such a dangerous explosive that it blows up large buildings, bridges, structures and vehicles and mountains in the blink of an eye. But now India’s IDX technology has started to outshine this RDX used by terrorists.

Defense Minister Rajnath Singh on Wednesday expressed his confidence that India will soon be among the leading countries in the field of innovation and emerge as a “ray of light” for the entire world. After inaugurating the annual ‘Manthan’ defense innovation event during ‘Aero India’ in Bangalore, Singh said, “If we are to bring the next-generation industrial revolution, we must innovate or transform existing things into new ones.” try to do it fairly.” He said: “If we have to grow, we have to redefine competition. If we think of advancing with old technologies and old systems, we will always be two centuries behind those (developed) countries. So today we need to think in a new way and move forward accordingly.” He suggested that we should try to do something new with the traditional things that are going on.

UPI’s new technology left its mark on the world

The Minister of Defense said that a great example of innovation is the UPI payment system developed in the country. He said that the point of all this is that we must innovate. Innovating means thinking of new ways that young people like you can do well.” “If we are to move ahead of other countries, the ‘innovators’ and ‘start-ups’ need to come forward. In his view, startup means new energy, new commitment, and new enthusiasm. Pointing to First Prime Minister Jawaharlal Nehru’s “Interview with Destiny” speech when India became independent, he said that after 75 years of independence, today we have a chance to move forward on the path of “making our destiny.” Singh said: “From now on, our mantra should be ‘make our own destiny’, that is, let’s move forward to make our own destiny with our efforts, ability and determination.

Goal to become the largest economy in the world in 25 years

Our destiny is to become the world’s number one economy in the next 25 years. Our destiny is to become the world’s science and technology superpower.’ He said, ‘Amrit Kaal’ is the best time for this and the youth are the best destiny makers of the nation. The brainstorming platform organized by ‘Innovations for Defense Excellence (IDEX) brings together leading ‘innovators, start-ups, MSMEs, incubators, academics and investors’ from the aerospace and defense ecosystem under one roof. Seven or eight years ago, the number of startups in the country was such that they could be counted on the fingers, but today their number has crossed one lakh.

Young people made more than 100 unicorns

The Defense Minister said that more than a hundred ‘Unicorns’ have been established by the country’s youth. This not only speaks to the importance of the newly created startup ecosystem in our country, but also reflects the renewed enthusiasm and passion of our youth to innovate. Speaking about new innovation and the spirit of innovation among the youth, Singh said, “I am sure that soon our country will be among the leading countries in the world in terms of innovation and as in the past, India will lead the entire world in innovation. It will rise as a beacon to the world.” He added that IDEX has brought hundreds of innovators to the market so far.

This has helped generate direct and indirect employment for thousands of skilled and semi-skilled Indians, he said. The Minister said that the Ministry of Defense has also approved a simplified and expedited process for the contracting of IDEX start-ups and MSMEs. He said that IDEX has paved the way to achieve self-sufficiency in the defense ecosystem. “To encourage our budding entrepreneurs to develop big projects, we have decided to increase the grants awarded so far,” he said, adding that this is a tribute to the hard work, dedication of our innovators and startups and shows the support of the government. . for incentives.

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