Paras Defence Bags ₹45.32 Cr Order from BEL for Air Defence

Big news from the Indian defence sector! 🚀 Paras Defence and Space Technologies Limited (PARAS) has just announced a substantial order win from none other than Bharat Electronics Limited (BEL), a Navratna PSU and a leading electronics company in India’s defence sector.

This exciting new order is valued at approximately ₹45.32 crores (including taxes). What’s it for, you ask? Paras Defence will be supplying crucial Signal and Data Processing Systems and Multi-Sensor Fusion Systems. These aren’t just any components; they are vital parts of Air Defence Applications, playing a key role in enhancing India’s aerial security capabilities.

For those keeping an eye on the defence space, this is a significant development. It highlights Paras Defence’s expertise in providing advanced technological solutions for critical national defence needs. The company expects to deliver these systems within 29 months or earlier, showcasing a commitment to timely execution.

This domestic order further solidifies Paras Defence’s position as a key player in the Indian defence ecosystem, contributing to the nation’s self-reliance in defence manufacturing. It’s always great to see Indian companies collaborating to strengthen our defence capabilities! 💪

source: Corporate Announcement

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