Defense Business and Industry

Paras Defence Secures ₹26 Crore Order for Thermal Imaging Systems

Paras Defence has secured a ₹26 crore order for electronic control systems integral to Thermal Imaging Fire Control Systems (TIFCS), enhancing the Indian Army’s night-fighting capabilities. This contract marks a significant step in India’s push for self-reliance in defense technology, allowing for better modernization of armored units like the T-72 and T-90 tanks. The collaboration with India Optel Ltd. underscores a strategic partnership between public and private sectors aimed at reducing dependence on foreign suppliers. This development not only bolsters Paras Defence’s market position but also strengthens India’s defense ecosystem, paving the way for future exports of indigenous technologies.

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