- Business
- Amber Enterprises India Limited, founded in 1990 and headquartered in Gurugram, Haryana, is a leading backward-integrated manufacturer of consumer durables and electronics components primarily serving the Indian market with operations across multiple facilities in India and Israel. The company operates through three main business divisions: Consumer Durables, which specializes in room air conditioners (RACs), commercial air conditioners, heat exchangers, copper tubing, plastic parts, and components for the HVAC sector; Electronics Manufacturing Services (EMS), encompassing printed circuit boards (PCBs) including single-sided, double-sided, multi-layer, RF, flexible and specialty PCBs, as well as PCB assemblies for consumer durables, automotive, industrials, smart electronics and aerospace applications; and Railway Subsystems & Mobility, providing integrated HVAC solutions and critical subsystems for rolling stock, metros, buses, railways, defense, telecom data centers and other specialized applications. Amber Enterprises manufactures these products as a trusted original equipment manufacturer (OEM) and original design manufacturer (ODM) partner to prominent multinational and domestic brands, with a strong focus on backward integration and R&D-driven innovation. Recent developments include a landmark Rs 1,200 crore fundraise in September 2025 for material subsidiary ILJIN Electronics India Pvt Ltd through equity and compulsorily convertible preference shares (CCPS) from investors such as ChrysCapital, InCred Growth Partners and others to fuel organic and inorganic growth in the electronics segment; acquisitions of Power-One and Unitronics alongside planned Rs 3,000-3,500 crore capital expenditure over FY2026-FY2027 funded by equity infusion up to Rs 2,500 crore and internal accruals; a subsidiary's acquisition of a majority stake in PCB manufacturer Shogini Technoarts; definitive agreements for CCPS issuance worth Rs 550 crore to expand electronics capabilities; and diversification initiatives including a Rs 990 crore multi-layer PCB plant in Hosur under the Electronics Manufacturing Component Scheme, a Rs 3,200 crore joint venture with Korea Circuit for high-density interconnect PCBs in Jewar, Uttar Pradesh, and expansion of railway subsystems like doors and pantographs through Sidwal Refrigeration.