Paras Defence and Space Technologies has received a Rs 45.32 crore order from Bharat Electronics Ltd (BEL) for the supply of Signal and Data Processing Systems and Multi-Sensor Fusion Systems.
The order, classified as a domestic defence contract, is scheduled for completion within 29 months. It underscores Paras Defence’s growing role in developing critical indigenous technologies that enable advanced surveillance, data integration, and real-time situational awareness.
This collaboration reflects the deepening synergy between public sector enterprises like BEL and private defence innovators, in line with the Government of India’s Atmanirbhar Bharat initiative to strengthen self-reliance in defence manufacturing.
The contract also adds to Paras Defence’s expanding order book, reaffirming its position as a key contributor to India’s evolving defence technology landscape.
News by Rahul Yelligetti.