Paras Defence Pioneers India's First Homemade MRI with Groundbreaking Magnet Tech

A Leap Towards Technological Sovereignty

Mumbai, 28th April 2025: In a historic stride towards innovation and self-reliance, Paras Defence & Space Technologies Limited is set to manufacture the critical magnets for India’s first indigenous Magnetic Resonance Imaging (MRI) machines. Under the aegis of a consortium led by the Society for Applied Microwave Electronics Engineering and Research (SAMEER), this project showcases India’s drive for autonomy in advanced medical technology.

Bridging the Import Gap with Innovation

For years, India’s reliance on imported MRI components has been a significant financial strain. Paras Defence steps into the void by crafting high-performance magnets, essential yet complex elements that elevate MRI machines. These efforts could potentially decrease procurement costs by 30%. According to Punekar News, this pivotal development is expected to bolster India’s technological foothold in medical imaging.

Collaboration and Excellence

In association with the Inter-University Accelerator Centre (IUAC) and global specialists, Paras Defence is ready to produce MRI-standard magnets at its state-of-the-art Ambernath facility. Their collaboration with esteemed organizations like the All India Institute of Medical Sciences (AIIMS) further bolsters the project’s promise of excellence and innovation.

Economic Growth and Global Ambitions

The Indian MRI market is poised for growth, with expected expansions to USD 439.67 million by 2030. The localization of MRI technology could generate significant job opportunities in R&D and manufacturing, making India a leader in medical device technology on a global scale.

A Visionary Step

Dr. P Hanumantha Rao from SAMEER highlights the consortium’s unique approach to democratizing R&D for manufacturing, reducing costs and expanding access to quality diagnostics and treatment. The installation of the first indigenous 1.5 Tesla MRI scanner at AIIMS for clinical trials symbolizes an ambitious step to revolutionize healthcare accessibility in India.

Towards a Brighter Healthcare Future

As Paras Defence embarks on this groundbreaking venture, the company not only seeks to cater to domestic demands but also has an eye on global markets, enhancing India’s reputation as a hub of cutting-edge medical technology. This initiative marks a remarkable advance in the journey toward technological sovereignty and innovation in healthcare.