Paras Defence and Space Technologies has bagged an order from Bharat Electronics (BEL), valued at approx. Rs 45.32 crore.

The contract entails the supply of advanced Signal and Data Processing Systems alongside Multi-Sensor Fusion Systems, reinforcing PARAS’s expertise in defence technology and indigenous capability development. Categorized as a domestic order, the project is scheduled for execution within 29 months or earlier, reflecting both firms’ commitment to timely delivery. BEL, a leading defence public sector enterprise, continues to rely on private sector partners like PARAS to strengthen India’s defence infrastructure.

This order not only enhances PARAS’s order book but also showcases its role in developing critical systems that contribute to surveillance, data integration, and real-time situational awareness. The contract highlights the growing synergy between public and private players in defence manufacturing, aligned with the government’s “Atmanirbhar Bharat” vision.