In an interview with BW Businessworld, Amit Mahajan, Director of Paras Defence & Space Technologies, discussed the company's significant role in India's defence manufacturing landscape. Paras Defence specializes in optics, electronics, anti-drone systems, and hydrogen-powered drones with an impressive 12-hour endurance and quick refueling capability. The firm has established partnerships with Israeli companies to introduce advanced technologies into local production. By collaborating with global players and organizations like DRDO, Paras Defence is positioned to support emergency procurements and enhance its exports, currently contributing 10% to revenue. Paras Defence's focus on research and development spans across various domains including missile systems, avionics, and drones, ensuring the delivery of top-notch products. The company's collaboration with international entities from Israel to France underscores its commitment to fostering advanced technologies in India. The interview also highlighted the growing importance of private sector involvement in the defence industry. Paras Defence expressed confidence in India's potential to achieve ambitious export targets with the right emphasis on production quality and competitiveness. As the company solidifies its position in the global market, it anticipates a significant increase in export demand and envisions a prominent role in India's journey towards becoming a leading defence exporter by 2047.