MRI Machine with Magnets: Paras Defence & Space Technologies Limited, a top Indian defence engineering company, has announced a major achievement. The company is playing an important role in making India’s first completely home-made MRI machine. This big project is led by SAMEER, a research group that works under the Ministry of Electronics and Information Technology (MeitY).
This step is a huge push towards making India self-reliant in high-end medical technology. Paras Defence’s work in this project will help reduce the need to import expensive MRI parts from other countries. It will also make advanced diagnostic tests more affordable and easier to access for everyone.
Paras Defence is developing the most important part of the MRI machine the high-performance magnets. These magnets are very difficult and expensive to make, and India has always relied on foreign companies for them. Now, for the first time, an Indian company will make them right here at home.
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Paras Defence is using its deep knowledge of precision engineering, electromagnetics, and advanced materials to create these powerful magnets. The company has developed this MRI magnet technology in close partnership with the Inter-University Accelerator Centre (IUAC) and with help from international experts. They are making sure the magnets meet the best global standards in performance and quality.
The company plans to produce these magnets at its Ambernath facilities, with manufacturing expected to begin in the next financial year. Making MRI magnets involves very advanced technology such as cryogenics, electromagnetism, and superconductors. Paras Defence will use all of these to make sure the magnets offer top-quality imaging and energy efficiency. This work will place Paras Defence in the rare group of companies in the world that can produce MRI-grade magnets.
Munjal Shah, the Managing Director of Paras Defence & Space Technologies, shared his thoughts on this achievement.
According to SME Street, he said, “At Paras Defence, we are honoured to contribute to this historic initiative that is set to redefine India’s capabilities in medical technology. By developing and manufacturing the critical magnets for India’s first indigenous MRI machines, we are not only reducing import dependence but also driving technological innovation that makes high-quality diagnostics more accessible. This project represents a bold step towards positioning India as a global leader in advanced medical imaging. We look forward to collaborating with SAMEER and our industry partners to drive this vision forward.”
Support from Indian Research Institutions and Health Experts
This important project includes many respected research and industry partners who are all working together to build better medical technology in India. SAMEER is leading the consortium, and one of the key collaborators is AIIMS New Delhi, one of the country’s top medical institutions. The plan is to install the first Indian-made 1.5 Tesla MRI machine at AIIMS New Delhi by October this year for clinical tests and trials.
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Dr. P Hanumantha Rao, the Director General of SAMEER, gave credit to MeitY for its support in creating medical solutions within the country. He said these efforts match the vision of India’s Prime Minister to make the country self-reliant through locally made technology. He added, “The consortium led by R&D organisation (SAMEER) and Industry is unique in democratising the R&D output into manufacturing. These initiatives significantly bring down the cost of the medical equipment and hence the cost of the diagnostics and treatment.”
The global MRI market was worth around USD 6.64 billion in 2023 and is expected to grow at a rate of 6.5% every year. India’s own MRI market is also growing fast. It is estimated to be worth USD 326.85 million in 2025 and may reach about USD 439.67 million by 2030.
So far, most MRI machines and their parts have been imported, which made them expensive for Indian hospitals and patients. But now, with Paras Defence and its partners making these machines in India, the cost is expected to drop by nearly 30%. This means hospitals and diagnostic centers will spend less money, and patients can get tests done at more affordable rates.
