Paras Defence and Space Technologies Ltd. has received a ₹39.5 million order from the Ministry of Defence, reinforcing its role in India’s strategic manufacturing ecosystem. The order, awarded to one of its specialized units, highlights the company’s growing footprint in defence-grade solutions and its alignment with national security priorities.
Paras Defence and Space Technologies Ltd. has announced a fresh order worth ₹39.5 million from the Ministry of Defence, awarded to one of its operational units. The contract underscores the company’s continued contribution to India’s defence infrastructure, particularly in high-precision engineering and advanced technology systems.
The order is expected to support the development and supply of mission-critical components, further strengthening Paras Defence’s portfolio in defence and aerospace manufacturing.
Major Takeaways:
-
The ₹39.5 million order adds to Paras Defence’s growing pipeline of government contracts.
-
The company specializes in optics, electronics, and defence-grade systems used in surveillance, space, and tactical operations.
-
This deal aligns with India’s Make in India and Atmanirbhar Bharat initiatives, promoting indigenous defence production.
-
Paras Defence has previously supplied equipment to DRDO, ISRO, and other strategic agencies.
-
The order is likely to be executed over the next few quarters, contributing to revenue visibility and operational scale.
With this latest win, Paras Defence continues to reinforce its position as a key player in India’s defence manufacturing landscape.
Sources: Reuters, Economic Times Markets, Moneycontrol, Paras Defence Investor Updates.