Amber Group Gets ECMS Nod for ₹4,700 Cr PCB Manufacturing Investments
Mumbai: Amber Enterprises India Ltd has secured approvals worth over ₹4,700 crore under the Government of India’s Electronics Components Manufacturing Scheme (ECMS) to strengthen domestic printed circuit board (PCB) manufacturing and reduce import dependency.
The approvals include ₹991 crore for Ascent Circuits to set up a high-volume, multilayer PCB facility in Hosur, Tamil Nadu, expected to begin operations between Q4 FY26 and Q1 FY27. Additionally, Amber’s JV with Korea Circuit, Ascent-K Circuit, has received approval for a ₹3,215 crore investment at the EMC 2.0 cluster in YEIDA, Uttar Pradesh, focused on advanced PCB manufacturing, including HDI and flexible PCBs. The project has also been cleared by the Uttar Pradesh Cabinet.
Shogini Technoarts, a subsidiary of IL JIN Electronics, has also secured ECMS approval for an investment of ₹500 crore.
The ECMS-backed projects are expected to boost localisation across the electronics manufacturing value chain, generate employment, and support India’s Atmanirbhar Bharat and electronics manufacturing ambitions.
