Mumbai, India – April 21st, 2025 – Paras Defence & House Applied sciences Restricted, a number one Indian defence engineering corporate focusing on complex Optronic Methods for Defence & House, Defence Electronics, Electro Magnetic Coverage Answers & Heavy Engineering, is proud to announce its pivotal position in growing India’s first indigenous Magnetic Resonance Imaging (MRI) gadget as a part of a consortium spearheaded by way of the Society for Carried out Microwave Electronics Engineering and Analysis (SAMEER), an independent R&D establishment underneath Ministry of Electronics and Data Era (MEITY). This initiative marks a big step against self-reliance in high-end scientific era, with Paras Defence enjoying a key position in lowering import dependency and making complex diagnostics extra obtainable and reasonably priced.
Paras Defence will likely be chargeable for growing and production the high-performance magnets that shape the core of MRI machines, leveraging its in depth experience in precision engineering, electromagnetics and complex fabrics. Paras Defence has co-developed the MRI magnet era in shut session with the Inter-College Accelerator Centre (IUAC) and world mavens, making sure alignment with international functionality requirements.
The magnets are one of the advanced and dear parts in MRI machines. India has historically been import-dependent, making Paras Defence’s contribution a step forward in India’s quest for technological sovereignty in scientific imaging. This collaboration would upload Paras Defence to a make a choice international workforce of businesses possessing the potential to fabricate MRI-grade magnets.
The producing of those MRI magnets is deliberate to be completed at Ambernath Amenities of Paras Defence, with manufacturing scheduled to start within the subsequent monetary 12 months. Paras Defence will make use of complex electromagnetic, cryogenics and superconducting applied sciences to be sure that those magnets meet international requirements in imaging high quality and potency.
“At Paras Defence, we’re honoured to give a contribution to this ancient initiative this is set to redefine India’s functions in scientific era. By means of growing and production the vital magnets for India’s first indigenous MRI machines, we don’t seem to be handiest lowering import dependence but additionally riding technological innovation that makes top of the range diagnostics extra obtainable. This undertaking represents a daring step against positioning India as an international chief in complex scientific imaging. We stay up for taking part with SAMEER and our trade companions to force this imaginative and prescient ahead,” mentioned Munjal Shah, Managing Director, Paras Defence & House Applied sciences.
The consortium comprises main analysis establishments and trade companions devoted to advancing scientific era in India. A key collaboration on this initiative is between the AllIndia Institute of Scientific Sciences (AIIMS) New Delhi and the Society for Carried out Microwave Electronics Engineering and Analysis (SAMEER).
Dr P Hanumantha Rao, Director Normal of SAMEER, said the tasks of MeitY in development Indigenous scientific answers as a part of Hon Top minister’s imaginative and prescient of constructing India independent with house grown applied sciences. Dr Rao additional emphasized that, the consortium lead by way of R&D organisation (SAMEER) and Business is exclusive in democratising the R&D output into production. Those tasks considerably deliver down the price of the scientific apparatus and therefore the price of the diagnostics and remedy.
As a part of the improvement roadmap, the primary indigenous 1.5 Tesla MRI scanner is slated for set up at AIIMS New Delhi by way of October for medical analysis and trials.
The worldwide MRI marketplace, valued at USD 6.64 billion in 2023, is projected to develop at CAGR of 6.5%. Whilst the Indian MRI Marketplace measurement is estimated at USD 326.85 million in 2025, and is predicted to succeed in USD 439.67 million by way of 2030, at a CAGR of 6.11%. India’s heavy reliance on imported MRI machines and parts has contributed to better procurement prices and restricted home experience in core MRI applied sciences. The advance of indigenous MRI machines is predicted to deliver down procurement prices by way of 30%, lowering the monetary burden no longer simply on hospitals and diagnostic facilities, but additionally at the sufferers. The initiative could also be anticipated to generate new jobs in India’s scientific units sector, from R&D to high-tech production and meeting, positioning the rustic as a key participant in scientific era.
By means of development home functions in MRI production, this initiative will stimulate enlargement in India’s scientific units trade, force funding in complex healthcare infrastructure, and lend a hand identify India as an international hub for state of the art scientific era. That is the primary scientific era production line arrange by way of Paras Defence—and it starts with one of the complex and important parts in diagnostic imaging. Paras Defence no longer handiest goals to grow to be a home provider for those magnets however could also be bearing in mind international markets to export to.