The INDUS-X Summit, a joint effort between India and the United States in defense innovation, is set to take place on February 20-21, 2024 in New Delhi.
About INDUS- X
- The India-U.S. Defence Acceleration Ecosystem, also known as INDUS- X, was launched in June 2023 during the State Visit of Prime Minister Shri Narendra Modi to the US.
- It's organized by inventions for Defence Excellence( iDEX) under the Department of Defence Production, Ministry of Defence, and Department of Defence( DoD), United States.
- Also in confluence with the U.S.- India Business Council and the Society of Indian Defence Manufacturers( SIDM).
- The U.S.- India Business Council and the Society of Indian Defence Manufacturers (SIDM) both have teamed up to promote technology hookups and artificial cooperation in defence between the two countries.
- The INDUS- X Summit is a two- day event that brings together stakeholders from both nations to explore and subsidize rising openings.
- The peak features a dynamic line- up of conditioning designed to foster collaboration, invention, and knowledge exchange.
- The summit is involved with perceptive sessions aimed at charting the unborn line of the U.S.- India defence relations, including panel discussions, workshops, senior leaders forums, and joint challenge winner felicitations.
Stakeholders
- Stakeholders involved in defence invention, including representatives from government, academic and exploration associations, investors, defence launch- ups, technology incubators, assiduity associations, and other launch- up enablers, will be meeting to develop new enterprise to advance INDUS-X.
- The summit will also include the creation of the Joint INDUS X challenge winners under the IMPACT program.
Significance of Summit
- The INDUS- X Summit is a significant initiative which helps in the advancement of defence collaboration and innovation between India and the United States.
- It sets the stage for unborn technological advancements and strategic hookups.
- It promotes cross-national wisdom and technology networks and builds the connective issue between domestic entrepreneurs, requests, skilling institutions, government labs, and investment capital, which is critical to erecting successful invention ecosystems.