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Amber Enterprises India on January 2 said its step-down subsidiaries have received formal approval under the Electronics Components Manufacturing Scheme, marking a key milestone in the company’s expansion in domestic electronics manufacturing.
According to the regulatory filing, Ascent-K Circuit Private Limited and Shogini Technoarts Pvt Ltd were granted approval under the scheme in the presence of Union Minister for Electronics and Information Technology, Railways and Information & Broadcasting Ashwini Vaishnaw, along with senior officials from the Ministry of Electronics and Information Technology.
The approval is expected to accelerate the localisation of critical electronic components and strengthen India’s electronics manufacturing services value chain. Amber said the move aligns with the national objective of building a robust and self-reliant manufacturing ecosystem under the Atmanirbhar Bharat vision.
The company said the Electronics Components Manufacturing Scheme approval reinforces its long-term commitment to expanding domestic manufacturing capabilities and reducing dependence on imports. By enabling component manufacturing within India, the scheme is aimed at improving supply chain resilience and supporting the broader electronics sector.
Also read: Amber Enterprises to invest ₹500 cr in Punjab R&D centre for energy-efficient ACs
Amber expressed gratitude to the Government of India and the Ministry of Electronics and Information Technology for granting the approval, noting that it provides strategic support for future growth. The development is also expected to enhance value addition and strengthen efficiency and competitiveness across the electronics manufacturing chain.
The approval was disclosed under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, and the company has requested stock exchanges to take the information on record.
Also read: Amber Enterprises shares rise 3% after management reiterates growth guidance
Shares of Amber Enterprises India Limited closed at ₹6,485, up ₹37.50 (0.58%) on January 2.
According to the regulatory filing, Ascent-K Circuit Private Limited and Shogini Technoarts Pvt Ltd were granted approval under the scheme in the presence of Union Minister for Electronics and Information Technology, Railways and Information & Broadcasting Ashwini Vaishnaw, along with senior officials from the Ministry of Electronics and Information Technology.
The approval is expected to accelerate the localisation of critical electronic components and strengthen India’s electronics manufacturing services value chain. Amber said the move aligns with the national objective of building a robust and self-reliant manufacturing ecosystem under the Atmanirbhar Bharat vision.
The company said the Electronics Components Manufacturing Scheme approval reinforces its long-term commitment to expanding domestic manufacturing capabilities and reducing dependence on imports. By enabling component manufacturing within India, the scheme is aimed at improving supply chain resilience and supporting the broader electronics sector.
Also read: Amber Enterprises to invest ₹500 cr in Punjab R&D centre for energy-efficient ACs
Amber expressed gratitude to the Government of India and the Ministry of Electronics and Information Technology for granting the approval, noting that it provides strategic support for future growth. The development is also expected to enhance value addition and strengthen efficiency and competitiveness across the electronics manufacturing chain.
The approval was disclosed under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, and the company has requested stock exchanges to take the information on record.
Also read: Amber Enterprises shares rise 3% after management reiterates growth guidance
Shares of Amber Enterprises India Limited closed at ₹6,485, up ₹37.50 (0.58%) on January 2.
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