Deals17 Nov 2025, 11:18 am
Paras Defence and Space Technologies Ltd Receives Order from IRDE-DRDO Valued at Approx. INR 71.68 Crores
AI Summary
Paras Defence and Space Technologies Limited (PARAS) has announced that it has received an order from IRDE-DRDO, Ministry of Defence, Government of India. The order, valued at approximately INR 71.68 crores (Incl. GST), is for the supply of two Optronic Periscopes for submarine application.
Key Highlights
- Order received from IRDE-DRDO, Ministry of Defence, Government of India
- Value of the order is approximately INR 71.68 crores (Incl. GST)
- Order is for the supply of two Optronic Periscopes for submarine application
- Order execution time period is August - September 2026
- Domestic order from a Government of India entity