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Paras Defence and Space Technologies Limited (PARAS)
What PARAS does

Paras Defence and Space Technologies Limited

What company does?Provides defense and space engineering solutions.
Established2009
Entity typePrivate
HeadquartersIndia
SegmentB2B
Paras Defence and Space Technologies Limited is a share market listed company in the Capital Goods industry . It got listed on NSE on 01-OCT-2021 under the trading symbol PARAS. On BSE it is listed under trading symbol PARAS. The company operates in Defense , Aerospace and Technology categories.

Company overview

Paras Defence and Space Technologies Limited is a leading Indian defense and space engineering company that focuses on designing, developing, manufacturing, testing, and supplying a wide range of defense and space engineering products for the government sector as well as private players.

The company offers an extensive portfolio of products including defense electronics and avionics systems, aerospace components and assemblies, electro-optic devices and solutions, among others. They also provide services such as electronic warfare (EW) suites for naval platforms.

An area where Paras Defence stands out from its competitors is in their focus on indigenous development capabilities which align with the 'Make in India' initiative. The company's commitment to research & development has led to innovative technologies being utilized in their product offerings.

One of the key factors that make Paras Defence stand out is its strong partnerships with prestigious organizations like ISRO (Indian Space Research Organisation), DRDO (Defence Research & Development Organization) among other government agencies. These collaborations have helped the company gain access to cutting-edge technology while contributing significantly to India’s self-reliance in Defense.

Their dedication towards quality standards has resulted in certifications such as AS9100D:2016 & ISO9001:2015 proving compliance with international quality management system requirements for aviation, space, and defence organisations.

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