Paras Defence to Invest Rs 12,000 Crore for India’s First Optics Park in Maharashtra

Paras Defence And Space Technologies Limited

Paras Defence, a leader in optics and optronic systems for defence and space, has signed a Memorandum of Understanding (MoU) with the Government of Maharashtra to establish India’s first Optics Park. The project, with a massive investment of Rs. 12,000 crore, aims to boost the country’s defence and space capabilities, creating cutting-edge infrastructure for optics development.

Location:  Maharashtra

Estimated Value (Rs. Cr): 12000

Sector: Defence

Project Stage: Conceptual/Planning

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