Paras Defence Enters Semiconductor Space with New Subsidiary

• Paras Defence and Space Technologies Ltd incorporated Paras Semiconductors Private Ltd on February 27, 2026, marking its entry into India's semiconductor ecosystem.
• The new subsidiary will establish an advanced heterogeneous and 3D packaging OSAT facility, focusing on AI, HPC, networking, and data center applications.
• Paras Defence subscribed to 70,000 equity shares of ₹10 each, holding a 70% equity stake in Paras Semiconductors Private Ltd.
• This move aligns with a broader trend of Indian conglomerates investing heavily in semiconductor manufacturing, design, and assembly.
• The development reflects India's growing chip manufacturing ecosystem and strong government push to become a global semiconductor hub.