Amber Group commits Rs 6,785 crore to UP projects, targets $2 billion revenue milestone
Amber Enterprises breaks ground on YEIDA facilities including a 70:30 PCB/semiconductor substrate JV with Korea Circuit at a 100-acre site in Jewar. The consumer durables contract manufacturer guides 40-45% electronics growth and 30-35% railway/defence growth as it pushes backward integration against Rs 40,000 crore PCB imports.
Amber Group breaks ground on Rs 6,785 crore YEIDA projects including PCB/semiconductor substrate JV with Korea Circuit and expanded AC manufacturing, targeting USD 2 billion revenue as consumer durables contract manufacturer pushes backward integration and import substitution.
Why this matters
Builds on Amber's manufacturing expansion after the Oppo deal to produce 8M smartphones in India for Oppo, OnePlus, Realme, despite flagged 50-100 bps FY27 margin pressure from wage and PCB costs.
Retail-company signals steady at 3,919 in last 90 days, reflecting sustained capex momentum.