Mumbai, Jan 05th: Marking a significant step in strengthening India’s domestic electronics and printed circuit board (PCB) manufacturing capabilities, Amber Enterprises India Limited announced that its group companies have received combined approvals, at a value of over Rs 4700 crores investment under the Government of India’s Electronics Components Manufacturing Scheme (ECMS).

Under these approval, Amber Group has invested across three strategic initiatives under the ECMS framework, aimed at reducing India’s PCB import dependency and deepening localisation of components across the EMS value chain.

In the first tranche of approval on October 27th 2025, Ascent Circuits, a wholly owned subsidiary of Amber Group, has received approval for an investment of Rs 991 crore to set up a high-volume, multilayer PCB manufacturing facility in Hosur, Tamil Nadu. The facility will cater to growing demand from consumer electronics, industrial, automotive, telecom and other emerging segments. The construction for this plant is well underway with manufacturing expected to between Q4 FY26 and Q1 FY27.

The latest tranche of approval, on January 2nd 2026, marks a significant milestone for the company as Amber’s joint venture with Korea Circuit, Ascent-K Circuit, focused on advanced PCB manufacturing, including HDI and flexible PCBs, has received ECMS approval for an investment of Rs 3,215 crore at the EMC 2.0 cluster in the Yamuna Expressway Industrial Development Authority (YEIDA), Uttar Pradesh. This project has further been granted a green flag by the Cabinet Committee of Uttar Pradesh.

Boosting this, Shogini Technoarts (a subsidiary of IL JIN Electronics a step-down subsidiary of Amber Enterprises) also secured approval in the ECMS for an investment of Rs 500 crores.

Collectively, these projects form part of the ECMS-approved EMS manufacturing and capacity building under MeitY and underscore Amber Group’s long-term commitment to building resilient electronics supply chain for an Atmanirbhar Bharat.

Marking this milestone, Mr Jasbir Singh, Executive Chairman & CEO, Amber Group, said, “We sincerely thank the Government of India and the Ministry of Electronics and Information Technology for the continued support and timely clearances under the ECMS scheme. These approvals reinforce our confidence in India’s electronics manufacturing vision. With over Rs 4,700 crore being invested across PCB manufacturing and advance electronics components, Amber Group is committed to meaningfully reducing import dependency, building scale and capability within the country, and contributing to the Atmanirbhar Bharat mission.”

As India accelerates its ambition to become global electronics manufacturing hub, Amber Group’s ECMS-backed investments are expected to generate significant employment, enable technology transfer, and strengthen India’s position in high-value electronics and component manufacturing.