ADITI Scheme Launched During DefConnect 2024 was launched by the Defence Minister of India. The Finance Minister of India Mr Rajnath Singh along with the Ministry of Defence announced the launch of the Acing Development of Innovative Technologies with iDEX (ADITI) scheme during the DefConnect event in New Delhi 2024. Under this Scheme, start-ups are eligible to receive a grant-in-aid of up to INR 25 crore for their research development and innovation endeavours in defence technology, the defence ministry said in a statement. The scheme will nurture the innovation of youth, and help the country leap forward in the field of technology
About DefConnect 2024
The Defence Minister of India Mr Rajnath Singh along with the whole Defence Ministry inaugurated the DefConnect 2024. The DefConnect 2024 was organised by the Innovation for Defence Excellence, Defence Innovation Organisation (iDEX-DIO). DefConnect 2.0 aims to provide iDEX-DIO innovators the opportunity to showcase their capabilities, products and cutting-edge technologies. During the DefConnect 2024 event, the Defence Minister of India announced the launch of the ADITI scheme will increase the defence technology of India significantly.
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Rajnath Singh Launched ADITI Scheme
To strengthen the defence of India and encourage the youth of India for their innovations the Defence Minister of India Mr Rajnath Singh launched the ADITI Scheme. This scheme will provide financial assistance to all the startup firms in India so that they can continue their Research and innovations that will help the Defence Ministry of India in future. According to the Finance Ministry of India, the financial aid that will be provided to the startups is INR 25 crores for their inventions and innovations in defence Technology. This scheme came to make India self-dependent in the field of Defence technology and innovations.
The objective of ADITI Scheme
The main objective of launching the ADITI Scheme is to encourage the youth of India to engage in defence technology and innovations. The Defence Ministry of India aims to make all the defence technology in India that will help them save a lot of money. Under this scheme, which falls under the iDEX (Innovations for Defence Excellence) framework of the Department of Defence Production (DDP), Ministry of Defence, about Rs 750 crore has been allocated for the period 2023-24 to 2025-26. All the applicants who are interested in this scheme must fill out the application form on the official website to avail the benefits of this scheme.
Key Highlights of ADITI Scheme 2024
Name of the scheme | ADITI Scheme 2024 |
Launched by | Defence Ministry of India |
Objective | Provide financial assistance |
Beneficiaries | Startups |
Official website | https://idex.gov.in/how-to-apply |
Eligibility Criteria
- The applicant must be up permanent resident of India.
- For startups, defined and recognized by the Department of Industrial Policy and Promotion (DIPP), Ministry of Commerce and Industry, Government of India.
- For MSME companies, any Indian company incorporated under the Companies Act 1956/2013, primarily a Micro, Small and Medium Enterprises (MSME) as defined in the MSME Act, 2006.
- For individual innovators, individual innovators are also encouraged to apply (research & academic institutions can use this category to apply).
Also Read: Startup India Seed Fund Scheme
Benefits of the scheme
- The selected applicants under the ADITI Scheme will receive financial aid so that they can continue their defense Innovation and research.
- By encouraging the youth of India in defence Technology the Defence Ministry of India can get a lot of benefits by making all their technology in India.
- This scheme will eventually create employment opportunities for all the youth of India in the defence category.
- The selected applicants will receive financial aid for up to INR 25 lakh for their research in defence Technology.
- This is scheme will significantly impact the defence technology of India positively.
Required Documents
- Aadhar
- PAN
- Bank details
- Voter ID card.
- Startup official documents
Also Read: UK Youth Mobility Visa
Grant Aid Details
- The selected applications will be funded up to ₹1.5 crores in the form of equity/other relevant structures. The funds will be disbursed in tranches based on the milestones decided by a high-powered selection committee.
Date Of Announcement
- The Defence Minister of India announced the ADITI scheme on 4th March 2024 during the DefConnect event.
Application Fee
- There are no application fees to apply for the ADITI Scheme.
Implementation Process
- This scheme will be implemented by the Ministry of Defence of India to encourage the youth in defense Technology.
- The implementation of this scheme will help the Defence Ministry of India by making their defense Technology in India.
- For the implementation of this scheme, the Defence Ministry of India has created a budget of INR 750 crore.
- The implementation of this scheme targets the development of approximately 30 deep-tech critical and strategic technologies.
ADITI Scheme Registration
- To register for the ADITI Scheme the applicant can go to the official website.
- On the home page click on the option Apply Here.
- A new page will appear on your screen.
- Enter all the details that are asked and attach all the necessary documents.
- Click on the option Submit to complete your process.
Contact Details
- idexdio[at]ddpmod[dot]gov[dot]in
FAQs
The Defence Ministry of India launched the ADITI Scheme.
The full form of this scheme is Acing Development of Innovative Technologies with iDEX (ADITI).
The Defence Minister of India announced the ADITI scheme on 4th March 2024.
The ADITI scheme was announced during the DefConnect even in Delhi 2024.