Latest / India News Today | 2 Min News | The Daily News Now!
Paras Defence Soars on Global Demand | India News
Paras Defence is on a rocket ride—projecting export revenue to double this year, hitting ₹1.2–1.3 billion, fueled by global conflicts driving up defense spending. With overall revenue forecasted to soar to ₹6–6.5 billion by FY27 (up from ₹4.77 billion last year), the company’s high-tech gear—including infrared lenses, anti-drone tech, and border surveillance—is in demand from major Indian defense players. As India’s defense exports surge and its Nifty India Defence index outperforms the market, Paras stands out as a rare Indian exporter of optical and electro-optics systems, turning global…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.