Image Source: The Economic Times
Paras Defence and Space Technologies Ltd has signed a landmark licensing agreement with the Defence Research and Development Organisation (DRDO) and the Ministry of Defence for T-90 tank technology. The deal strengthens India’s defence manufacturing ecosystem, enabling indigenous production and reducing reliance on foreign suppliers.
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Inside the announcement
According to Reuters, Paras Defence will now hold licensed rights to manufacture and integrate critical technologies related to the T-90 tank platform. This agreement is part of India’s broader push for self-reliance under the “Atmanirbhar Bharat” initiative, focusing on indigenization of defence systems. The collaboration with DRDO and the Ministry of Defence positions Paras Defence as a key player in advanced land systems technology, expanding its portfolio beyond aerospace and space solutions.
Notable updates
• Paras Defence signs licensing agreement for T-90 tank technology with DRDO and MoD
• Deal supports India’s Atmanirbhar Bharat initiative in defence manufacturing
• Agreement enables indigenous production and integration of advanced tank systems
• Strengthens Paras Defence’s role in land systems alongside aerospace and space technologies
• Reduces dependency on foreign suppliers for critical defence equipment
Major takeaway
The licensing agreement marks a significant milestone for Paras Defence, reinforcing India’s defence self-reliance strategy. By securing rights to T-90 tank technology, the company expands its footprint in land systems while contributing to the modernization of India’s armed forces.
Sources: Reuters, Ministry of Defence, DRDO
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