Paras Defence and Space Technologies Signs MoU with Inter-University Accelerator Centre for Indigenous MRI Magnet System Manufacturing

Paras Defence and Space Technologies Limited (PARAS) has signed a Memorandum of Understanding (MoU) with Inter-University Accelerator Centre (IUAC), New-Delhi, an autonomous Institute under the University Grants Commission (UGC), Ministry of Education (MoE), Government of India (GOI). The objective of this MoU is to develop commercial-grade MRI magnet systems for indigenous manufacturing in the country, aligning with the Aatma Nirbhar Bharat initiative. This collaboration aims to nurture self-reliance in superconducting MRI Magnet technology, thus contributing to the growth of the domestic medical technology sector.