Paras Defence has been selected by Defence Research Development Organization for handing over technology of border surveillance systems. The technology is developed by instruments research and development establishment (IRDE) and DRDO.
The system will provide all weather surveillance for day and night monitoring of the border areas, it will consist of Radar, EO sensors etc., fixed on Pan Tilt platforms. With this, Paras Defence and Space Technologies shall be serving the requirement of the Armed Forces of the nation.
Paras Defence and Space Technologies is primarily engaged in designing, developing, manufacturing and testing of a wide range of defence and space engineering products and solutions. It offers its product to four major segments of the Indian defence sector i.e., defence and space optics, defence electronics, electro-magnetic pulse (EMP) protection solution and heavy engineering for defence and niche technologies.
Paras Defence reported a 72.4% rise in net profit to Rs 8.07 crore previous year, on a 58.9% increase in net sales to Rs 50.48 crore this year.
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