Paras Defence and Space Technologies Limited
Paras Defence and Space Technologies (PDST) is an Private sector company primarily engaged in the designing, developing, manufacturing, and testing of a variety of defence and space engineering products and solutions. The company caters to four major segments - Defence & Space Optics, Defence Electronics, Heavy Engineering and Electromagnetic Pulse Protection Solutions.
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Paras Defence's subsidiary, Paras Semiconductors, signed an MoU with the Madhya Pradesh government for a ₹6,200 Cr advanced semiconductor packaging facility. Fifty acres are allotted on the Ujjain–Indore Corridor, strengthening India's strategic semiconductor capabilities.
Paras Defence's subsidiary inked an MoU to set up a cutting-edge chip packaging (OSAT) facility in Madhya Pradesh. This greenfield project involves a proposed investment of ~Rs. 6,200 Cr, significantly boosting India's semiconductor ecosystem.
Paras Defence secured an exclusive IP license from Powerus for Guardian-1 Interceptor Technology in India. This enables manufacturing and commercialization of advanced counter-drone systems, expanding its defence portfolio in the Indian market.
Paras Defence forged a key alliance via an MoU with Complus Systems & JV Micronics to collectively target Anechoic & Semi-Anechoic Chamber markets. Paras will lead design, manufacturing, and business development, expanding its offerings and market opportunities domestically and internationally.
Paras Defence signed an exclusive 10-year agreement with Northstar, USA, to supply and support air-to-air refueling systems & services for Indian Armed Forces. This collaboration aims to develop in-country depot capabilities.