9 months ago

Paras Defence Secures ₹71.68 Crore Order for Submarine Optronic Periscopes

Paras Defence Secures ₹71.68 Crore Order for Submarine Optronic Periscopes
Paras Defence wins ₹71.68 cr DRDO order for submarine optronic periscopes · thehindubusinessline.com

A company called Paras Defence is going to make special spyglasses for submarines.

These spyglasses, called optronic periscopes, help submarines see what's happening above the water, like looking for other ships or submarines.

The Indian government's research group, DRDO, ordered two of these from Paras Defence.

This is a big deal because it means India is making these important high-tech parts itself.

The company will finish making them by September 2026.

They have been making defense technology for a very long time and are proud to help the Indian Navy.

This also helps with the government's plan to make more things in India instead of buying them from other countries.

Key facts

Company
Paras Defence and Space Technologies Ltd.
Customer
Defence Research and Development Organisation (DRDO)
Order Value
₹71.68 crore
Product
Optronic Periscopes for submarine applications
Delivery Deadline
September 2026
Company Experience
Over 40 years in defence technologies

Quotes

Munjal Shah

Managing Director of Paras Defence & Space Technologies

“We are honoured to have partnered with DRDO in this endeavour. This order not only reflects our technical expertise but also aligns with the Government of India’s ‘Make in India’ initiative, promoting self-reliance in defence manufacturing.”
thehindubusinessline.com

Sources

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