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Engaged Employer
Paras Defence & Space Technologies
3.1
based on 72 Reviews
Company Overview
Company Locations
Working at Paras Defence & Space Technologies
Company Summary
Overall Rating
3.1/5
based on 72 reviews

22% below
industry average

Critically rated for
Promotions, Salary, Company culture
Work Policy

Work from office
76% employees reported

Monday to Saturday
81% employees reported

Strict timing
68% employees reported

No travel
57% employees reported
View detailed work policy
Top Employees Benefits
Office cab/shuttle
2 employees reported
Job/Soft skill training
2 employees reported
Cafeteria
1 employee reported
International/On-site exposure
1 employee reported
View detailed benefits
About Paras Defence & Space Technologies
Founded in1972 (53 yrs old)
India Employee Count201-500
Global Employee Count--
India HeadquartersMumbai,Maharashtra, India
Office Locations
--
Websiteparasdefence.com
Primary Industry
Other Industries
--
Paras Defence & Space Technologies Ratings
based on 72 reviews
Overall Rating
3.1/5
How AmbitionBox ratings work?
5
20
4
12
3
13
2
10
1
17
Category Ratings
3.0
Skill development
2.8
Job security
2.7
Work-life balance
2.7
Work satisfaction
2.6
Company culture
2.4
Salary
2.4
Promotions
Paras Defence & Space Technologies is rated 3.1 out of 5 stars on AmbitionBox, based on 72 company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Paras Defence & Space Technologies
based on 67 reviews
3.2
Rated by 10 Women
Rated 3.4 for Skill development and 3.3 for Work-life balance
3.1
Rated by 57 Men
Rated 3.0 for Skill development and 2.8 for Job security
Work Policy at Paras Defence & Space Technologies
based on 16 reviews in last 6 months
Work from office
76%
Hybrid
18%
Permanent work from home
6%
Paras Defence & Space Technologies Reviews
Top mentions in Paras Defence & Space Technologies Reviews
Compare Paras Defence & Space Technologies with Similar Companies
Change Company | Change Company | Change Company | ||
---|---|---|---|---|
Overall Rating | 3.1/5 based on 72 reviews | 4.3/5 based on 276 reviews | 3.8/5 based on 174 reviews | 4.1/5 based on 191 reviews |
Highly Rated for | No highly rated category | Work-life balance Skill development Company culture | Work-life balance Job security | Job security Work-life balance |
Critically Rated for | Salary Promotions Company culture | No critically rated category | Salary Promotions | No critically rated category |
Primary Work Policy | Work from office 76% employees reported | Work from office 92% employees reported | Work from office 95% employees reported | Work from office 91% employees reported |
Rating by Women Employees | 3.2 Average rated by 10 women | 4.4 Good rated by 64 women | 3.4 Average rated by 20 women | 4.5 Good rated by 8 women |
Rating by Men Employees | 3.1 Average rated by 57 men | 4.3 Good rated by 202 men | 3.9 Good rated by 146 men | 4.0 Good rated by 179 men |
Job security | 2.8 Poor | 3.9 Good | 3.9 Good | 4.1 Good |
View more
Paras Defence & Space Technologies Salaries
Paras Defence & Space Technologies salaries have received with an average score of 2.4 out of 5 by 72 employees.
Design Engineer
(23 salaries)
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₹2 L/yr - ₹6 L/yr
Project Engineer
(16 salaries)
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₹2.9 L/yr - ₹5.5 L/yr
Quality Engineer
(12 salaries)
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₹2.4 L/yr - ₹4.2 L/yr
Assistant Company Secretary
(8 salaries)
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₹3 L/yr - ₹10.2 L/yr
Production Engineer
(7 salaries)
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₹2.8 L/yr - ₹4.5 L/yr
Purchase Engineer
(7 salaries)
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₹2.6 L/yr - ₹4.4 L/yr
Junior Engineer
(7 salaries)
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₹2.8 L/yr - ₹3.6 L/yr
Senior Accounts Executive
(6 salaries)
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₹3.4 L/yr - ₹6 L/yr
Project Coordinator
(6 salaries)
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₹2.7 L/yr - ₹3.6 L/yr
Test Engineer
(6 salaries)
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₹1.5 L/yr - ₹2.9 L/yr
Paras Defence & Space Technologies Jobs
Popular Designations Paras Defence & Space Technologies Hires for
Mechanical Engg. Design
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Sales Manager
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Quality Manager
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Purchase Engineer
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Manager
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Design Engineer
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Program Manager
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Embedded Systems Engineer
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Popular Skills Paras Defence & Space Technologies Hires for
Paras Defence & Space Technologies News
Ideaforge Share Price Target 2025, 2026 to 2030
- Ideaforge Technology Limited, based in Mumbai, specializes in drone manufacturing and digital solutions.
- The company has around 427 employees and has faced challenges in recuperating its share price since going public.
- Analysts delve into factors influencing Ideaforge's Share Price Target for 2025 and beyond, evaluating its financial prospects.
- The projected Ideaforge Share Price for 2025 indicates a range from Rs 500.13 to Rs 1,198.20 by December, with monthly variations.
- From 2026 to 2030, the forecasted Ideaforge Share Price ranges from a minimum of Rs 662.38 to a maximum of Rs 2,749.00, offering insights into long-term growth potential.
- Competitors of Ideaforge LTD include Paras Defence, JNK India, DISA India, and Uniparts India, with varying market capitalizations.
- The trend of Ideaforge's share price indicates a decline since its listing in July 2023 at Rs 1,294 per share, prompting caution among investors.
- Potential investors are advised to reassess risk tolerance due to market unpredictability and consider expert guidance and thorough research before investing.
- Multiple FAQs address specifics such as the Ideaforge Share Price Targets for 2025, 2026, 2027, 2028, and beyond, emphasizing prediction, potential inaccuracies, and the need for verification.
- The article concludes by emphasizing the importance of expert advice, given the market's volatile nature, and invites further inquiries via email for stock market-related information.
VIE Stories | 22 Feb, 2025

Paras Defence announces ₹12,000 crore investment for India’s first optics park in Maharashtra
- Paras Defence has announced a ₹12,000 crore investment for India's first optics park in Maharashtra.
- The Optics Park Project is expected to commence in 2028 in phases up to 2035 to ensure scalability and flexibility.
- The project aims to reshape India's optics and optical systems sector, generating over 2,000 direct employment opportunities and catalyzing technological advancements across various industries.
- Paras Defence plans to leverage its network of mentor institutions, international partnerships, and access to capital markets to deliver on this project.
HinduBusinessLine | 23 Jan, 2025

Stocks To Watch Today: Hudco, Waaree Energies, Zydus Lifesciences, Laurus Labs
- Housing & Urban Development Corp., Paras Defence and Space Technologies Ltd., and Waaree Energies Ltd. are stocks to watch on Thursday.
- Hudco signed a memorandum of understanding with Vadhavan Port project to explore and provide funds up to Rs 25,000 crore for the development of new ports.
- Paras Defence signed a memorandum of understanding with the Maharashtra government to invest around Rs 12,000 crore for a proposed Optics Park project over the next 10 years.
- Waaree Energies' arm, Waaree Solar Americas, has commenced commercial production of a 1.6 GW Solar Module line in the US.
Bloomberg Quint | 23 Jan, 2025

Budget 2025: Paras Defence Expects Centre To Introduce DLI Scheme For Defence
- Paras Defence expects the introduction of the Design-Linked Incentive (DLI) scheme for the defence technology sector in the upcoming Union Budget for fiscal 2026.
- DLI scheme is aimed at achieving self-reliance by incentivizing in-house design and development of defence technologies.
- Paras Defence anticipates a growth of at least 40% in its revenue over the next three years.
- The company plans to introduce innovative technologies in the drone segment to differentiate itself.
Bloomberg Quint | 27 Dec, 2024

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Paras Defence & Space Technologies FAQs
When was Paras Defence & Space Technologies founded?
Paras Defence & Space Technologies was founded in 1972. The company has been operating for 53 years primarily in the Defence & Aerospace sector.
Where is the Paras Defence & Space Technologies headquarters located?
Paras Defence & Space Technologies is headquartered in Mumbai,Maharashtra.
How many employees does Paras Defence & Space Technologies have in India?
Paras Defence & Space Technologies currently has approximately 300+ employees in India.
Does Paras Defence & Space Technologies have good work-life balance?
Paras Defence & Space Technologies has a work-life balance rating of 2.7 out of 5 based on 70+ employee reviews on AmbitionBox. 56% employees rated Paras Defence & Space Technologies 3 or below for work-life balance. This rating reflects a negative sentiment among employees for work-life balance. We encourage you to read Paras Defence & Space Technologies reviews for more details
Is Paras Defence & Space Technologies good for career growth?
Career growth at Paras Defence & Space Technologies is rated as poor, with a promotions and appraisal rating of 2.4. 56% employees rated Paras Defence & Space Technologies 3 or below on promotions/appraisal. This rating reflects a negative sentiment among employees for career growth. We recommend reading Paras Defence & Space Technologies reviews for more detailed insights.
What are the cons of working in Paras Defence & Space Technologies?
Working at Paras Defence & Space Technologies does have some drawbacks that potential employees should consider. The company is poorly rated for salary & benefits, promotions / appraisal and company culture, based on 70+ employee reviews on AmbitionBox.
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