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Paras Defence & Space Technologies: How 100% FDI via automatic route will help the space technology sector?

Amit N Mahajan expects FDI to empower companies for bigger programmes. Paras Defence & Space Technologies will explore opportunities in satellites and payload missions. Start-ups working with Paras will benefit. FDI will boost the Indian space industry. The company s growth trajectory is robust, maintaining a handsome growth rate. The medium term potential is strong with a projected CAGR of 30%. ....

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Paras Defence: Paras Defence usually treads in non-competitive zones and creates a niche: Amit N Mahajan

Amit N Mahajan says: “Paras Defence is into a wide range of technologies and serving platforms from, say, a small UAV to a large submarine or aircraft carrier or for that matter fighter jets. We are across all platforms. Paras will directly or indirectly benefit from any indigenisation or any big or a small deal announcement that the Ministry of Defence makes, because from components to systems, we are there.” ....

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