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Amber Enterprises may invest Rs 2,000 cr to set up PCB facility

Tuesday, 04 Jun 2024
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Amber Enterprises may invest Rs 2,000 crore to set up a printed circuit board (PCB) manufacturing facility in the country. The likely investment follows its acquisition of a majority stake in Ascent Circuits, a printed circuit board assembly maker. This will enable Amber to meet domestic requirements as well as for export, contributing to creating capacities for electronics manufacturing of mobile phones, laptops, personal computers, and servers, as well as components required for making these products.

hrough this, the company which is transitioning from air-conditioning manufacturing into a diversified business-to-business electronics goods maker, will ramp up backward integration, aided by its pact with the South Korean firm. The portfolio of PCBs required for various applications in electronics manufacturing encompass high-density interconnect, flexible PCBs, semiconductor substrate, multilayer, double-sided and single sided PCBs.

These different kinds of PCBs will enable services and solutions to industries spanning mobile, information technology, semiconductors, home appliances, consumer electronics, aerospace, data centres and others.

Local manufacturing of electronic devices and components has been faciiliated through policies, including the production-linked incentive scheme in addition to an existing Scheme for Promotion of Manufacturing of Electronic Components and Semiconductors (SPECS).

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