Paras Defence Secures ₹26.6 Crore Order from India Optel for Tank Fire-Control Electronics

Mumbai, September 2025: Paras Defence & Space Technologies Ltd. has secured an order worth ₹26.6 crore from the Opto Electronics Factory (OLF), a unit of India Optel Limited, for the supply of Electronic Control Systems to be integrated into Thermal Imaging Fire Control Systems (TIFCS) for battle tanks.

The scope of the contract includes the supply of Control Panels for Ballistic Computers, Ballistic Computers, and Gun Positioning Systems, all of which are critical subsystems in ensuring accurate targeting and stabilisation functions of main battle tanks. The execution period for the order is scheduled between December 2025 and September 2026.

With this incremental contract, Paras Defence’s total order book for Electronic Control Systems under the TIFCS program has risen to about ₹141.6 crore, strengthening its long-term presence in the land systems segment.

Boost to Indian Army’s Modernisation

TIFCS technology significantly improves the combat effectiveness of tanks by enabling crews to detect, track, and engage targets under night, fog, and smoke conditions. The electronic systems supplied by Paras Defence will ensure that ballistic calculations, gun positioning, and weapon stabilisation function seamlessly, thereby enhancing the all-weather fighting capability of the Indian Army’s armoured fleet.

The integration of advanced fire-control electronics is part of ongoing modernisation programs for the T-72, T-90, and future main battle tank platforms. By upgrading legacy tanks with thermal imaging and ballistic computing, the Army ensures operational parity with adversaries fielding night-capable armour.

Strategic Importance

While the financial value of ₹26.6 crore is relatively modest, the contract carries significant strategic importance. It highlights Paras Defence’s growing role in indigenous defence electronics, aligned with the government’s Atmanirbhar Bharat drive to reduce dependency on foreign OEMs for specialised subsystems.

India Optel Ltd., a defence public sector undertaking, specialises in optronics and fire-control systems for armoured vehicles. Through partnerships with private firms like Paras Defence, it is strengthening the domestic ecosystem for tank modernisation projects.

Market and Industry Impact

The order also adds credibility to Paras Defence’s order book, which has been expanding across space optics, drones, simulators, and electro-optics. This diversification improves revenue visibility and bolsters investor confidence in the company’s long-term growth.

With a growing order pipeline of high-technology contracts, Paras Defence is positioned to play a larger role in India’s defence production landscape, while also opening up potential export opportunities in the electro-optic and fire-control systems domain.