Defense Business and Industry

Paras Defence Wins ₹45.32 Crore Order for Air Defense Systems

Paras Defence and Space Technologies Limited has secured a ₹45.32 crore order from Bharat Electronics Limited for advanced air defense systems, including Signal and Data Processing Systems and Multi-Sensor Fusion Systems, aimed at enhancing India’s air defense capabilities. This contract is part of a broader push towards self-reliance in defense, coinciding with a record production of ₹1.50 trillion in FY 2024-25 and reflecting a notable growth in private sector contributions. The deal underscores India’s commitment to indigenous technology and reinforces the operational readiness of its defense architecture, aligning with the Atmanirbhar Bharat initiative to bolster national security through domestic innovations.

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