Paras Defence to invest Rs 12,000 cr to set up India’s first optics park in Maharashtra

Paras Defence plans to invest Rs 12,000 crore to establish India’s first optics park in Maharashtra by 2028, with completion expected by 2035. The project, supported by the Maharashtra government, aims to enhance technological independence in key sectors, creating over 2,000 direct jobs and strengthening India’s global innovation position.

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