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The Economic Times

Economy / The Economic Times

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Indian defence company to invest 500 cr in chip plant

Paras Defence and Space Technologies Ltd is investing Rs 500 crore to establish a new semiconductor production facility, aiming to cater to domestic and export markets. Production is slated to begin by the end of 2027, focusing on chiplet integration and advanced system-in-package technologies, particularly for thermal imaging systems.

19 Jan 2026 11:37 pm