Paras Aerospace Pvt. Ltd.

What Paras Aerospace Pvt. Ltd. does

Paras Aerospace Pvt. Ltd. is an Indian agricultural drone manufacturer founded in 2019 and headquartered at D-112, TTC Industrial Area, MIDC Nerul, Navi Mumbai, Maharashtra. It operates as a wholly-owned subsidiary of Paras Defence & Space Technologies, a 40-plus-year-old Indian defence and space enterprise, leveraging the parent's aerospace engineering and capital backing. The company's entire product portfolio centres on a single flagship SKU, the Type-Certified Paras Agricopter V2.1 (Type Certificate No. T1023000000X), a multi-rotor agricultural drone with a 10-litre spray tank, 30-minute maximum flight endurance, intelligent obstacle avoidance sensors, and terrain-following capability, designed for precision spraying of pesticides, fertilizers, and herbicides as well as crop monitoring over uneven agricultural terrain.

The Agricopter V2.1 features a configurable nozzle system comprising four flat-jet nozzles and two centrifugal nozzles for variable spray patterns, and operates as an autonomous aerial platform with real-time data feedback. The company holds aviation Type Certification from Indian regulatory authorities, providing a compliance credential relevant to enterprise agricultural buyers.

Paras Aerospace monetizes primarily through one-time hardware sales of the Agricopter V2.1 to farming enterprises, cooperatives, and individual farmers. Pricing is quote-based and not publicly disclosed. The company runs an enterprise field sales motion supplemented by an authorized service centre network spanning Gujarat, Maharashtra, Rajasthan, Haryana, and Odisha through named channel partners (AgriOwn Farmtech, Hind ID Solutions, Bharat Drones, Guru Drones, SkyVan Aviation). Named customers include IFFCO, HCL Foundation, and Chambal Fertilisers and Chemicals Limited. The 17-person team uses its company website (parasaerospace.com), agricultural industry events, and direct sales engagement as primary go-to-market channels. No external funding rounds or public-market listings are disclosed.

Name

Paras Aerospace Pvt. Ltd.

Legal name

Paras Aerospace Private Limited

Website

https://parasaerospace.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Paras Aerospace is a Navi Mumbai-based Indian agricultural drone manufacturer and wholly-owned subsidiary of Paras Defence & Space Technologies, producing the Type-Certified Agricopter V2.1 for precision spraying and crop monitoring across Indian farming enterprises, cooperatives, and individual farmers.

Ownership category

akta.pro rank

Product category

Agricultural Drones (Precision Agriculture UAVs)

NAICS

Agricultural Implement Manufacturing (33311), Farm Machinery and Equipment Manufacturing (333111)

SIC

Agricultural Services (700), Farm Machinery & Equipment (3523)

akta.pro primary industry

Drone/UAS Application Services (Spraying, Spreading, Seeding) (AFACAIAB)

Keywords

• Agricultural drone manufacturing
• Precision agriculture drones
• Crop spraying drones
• Agridrone technology
• Type certified UAV

Headquarters

HQ city

Navi Mumbai

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Technology or R&D, Personnel, Operations, Marketing or Sales

Revenue model

1. Agricultural Drone Hardware Sales: Sale of Type-Certified Paras Agricopter V2.1 agricultural drones to farming enterprises, cooperatives, and individual farmers. One-time hardware purchase model.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels2 records

Core offering

Paras Aerospace designs, manufactures, and sells a Type-Certified agricultural drone — the Paras Agricopter V2.1 — for precision spraying of pesticides, fertilizers, and herbicides and for crop monitoring. The Agricopter features a 10-liter spray tank, 30-minute flight endurance, intelligent obstacle avoidance, terrain-following capability, and dual nozzle configurations (four flat-jet and two centrifugal nozzles). The company distributes the product directly and through an authorized service-centre network across Indian agricultural states.

Product overview

Paras Aerospace is a drone manufacturing company specializing in agricultural drone technology. The company offers a single flagship product — the Type-Certified Paras Agricopter V2.1 — an agridrone designed for precision agriculture. The product features autonomous flight capabilities for spraying operations and crop monitoring, with advanced features including obstacle avoidance, terrain following, and real-time data collection. The company operates through a network of authorized service centres across India.

Differentiator

Problem solved

Functional benefit

Brands

• Paras Agricopter V2.1: Type-Certified agricultural drone (Agridrone) with up to 30 minutes flight time, 10-liter spray tank, obstacle avoidance, and terrain following capabilities.

Products and services

• Paras Agricopter V2.1 Type-Certified agricultural drone (Agridrone) for precision farming operations including precision spraying of pesticides, fertilizers, and herbicides and crop monitoring. Features a 10-liter spray tank, 30-minute flight endurance, intelligent obstacle avoidance sensors, terrain-following altitude control, and dual nozzle configurations (four flat-jet and two centrifugal nozzles). Designed for large agricultural enterprises, cooperatives, and farmers in India seeking to mechanize and improve spray accuracy.

Quantifiable outcome

• 30 minutes maximum flight time enabling extended aerial operations
• +3 more outcomes

Named customers3 records

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature3 records

Partnerships

One partnership is on record.

• Paras Defence & Space TechnologiescoreOthersParas Aerospace is a subsidiary of Paras Defence & Space Technologies, a leading private sector enterprise with 40+ years of experience in India's Defence and Space industries. This parent-subsidiary relationship provides Paras Aerospace with aerospace engineering expertise, capital resources, and brand credibility in the Indian technology sector.

Scale indicators2 records

Recent moves4 records

Expansion highlights4 records

Broad incumbents

• DJI Agras: Global market leader in agricultural drones (Agras T-series). Competes head-to-head with Paras Aerospace's Agricopter V2.1 in the precision-spraying category, but with a much larger global footprint and broader product portfolio.
• XAG: Global leader in agricultural drones and unmanned ground equipment. Direct competitor in precision spraying and crop monitoring worldwide, with established operations across Asia including India.
• Mahindra & Mahindra (Farm Equipment): India's largest farm-equipment manufacturer with a deep rural dealer network. While not a drone specialist, M&M's distribution muscle, financial arm, and trusted brand position it as a potential channel partner or competitive threat in agri-mechanisation including drones.

Emerging players

• Skylark Drones: Bengaluru-based drone company with a precision-agriculture analytics platform. Adjacent competitor that combines drone-based imaging and spraying services for Indian agricultural customers.
• CropX Technologies: Precision agriculture platform that combines soil sensors, satellite imagery, and analytics. Comparable in that it sells data-driven decision support to farmers and agri-enterprises, though it competes in the digital layer rather than drone hardware.

Direct peers

• Garuda Aerospace: India's largest agri-drone manufacturer and Drone-as-a-Service provider. Direct competitor in the same Indian precision-spraying market with similar customer segments (FPOs, cooperatives, large agri-enterprises) and a comparable flagship product line.
• ideaForge Technology: India-based drone manufacturer with a portfolio spanning defence, surveillance, and agriculture. Competes with Paras Aerospace in agri-spraying applications and shares Indian market distribution and enterprise customers.
• Marut Drones: Hyderabad-based agri-drone startup focused on precision spraying and crop intelligence. Direct Indian competitor with similar target buyers (farmers, FPOs, agri-enterprises) and overlapping product specifications.
• Thanos Technologies: Indian manufacturer of agricultural drones for spraying and crop monitoring. Direct competitor serving the same customer base with comparable precision-agriculture drone offerings.

Others

• Paras Defence & Space Technologies: Parent company of Paras Aerospace, providing aerospace and defence engineering expertise, capital, and brand credibility. Included as the strategic ecosystem partner that materially shapes Paras Aerospace's technology roadmap and commercial reach.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/parasaerospace

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Paras Aerospace Pvt. Ltd.