Paras Defence signs MoU to boost defence electronics capabilities
Paras Defence and Space Technologies Ltd has entered into a strategic MoU with Complus Systems Pvt. Ltd. and JV Micronics to expand its defence electronics capabilities.
The collaboration will focus on advanced electronics, optics, and system integration for defence and space applications.
India’s defence electronics segment is witnessing rapid growth under the Atmanirbhar Bharat initiative and rising defence budgets.
The partnership is expected to enhance domestic technology development and open up export opportunities in global defence markets.