Economy, Banking and Finance · 2 May 2026

Paras Defence and Space Technologies Ltd signs MoU with Complus Systems and JV Micronics for anechoic chamber solutions

Exam-focused facts from the 2 May 2026 current affairs briefing.

Key facts

  • Paras Defence and Space Technologies Ltd (Paras Defence), a Maharashtra-based defence manufacturer, has signed a memorandum of understanding (MoU) with Complus Systems and JV Micronics.
  • The partnership focuses on the design, development, manufacturing, installation, and servicing of anechoic and semi-anechoic chambers for India and international markets.
  • Paras Defence will act as the consortium leader, overseeing strategic direction, business development, and the manufacturing and installation of chambers and associated filters.
  • Complus Systems, an India-based provider of electromagnetic interference, Radio Frequency (RF), and antenna measurement systems, will provide technical expertise and instrumentation procurement.
  • JV Micronics will contribute manufacturing, integration, and support services for RF absorbers and related products.