Amber Group breaks ground on two advanced facilities at Jewar, UP
AMBER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Amber Group broke ground on two facilities at YIEDA, Jewar, UP near Noida International Airport. First is Ascent-K Circuit's 16 acre advanced HDI PCB plant, approved under Electronics Component Manufacturing Scheme by MeitY, combining Ascent Circuits and Korea Circuit expertise. Second is Amber's 100 acre Ultra Mega AC manufacturing unit to scale AC production in phases. CM Yogi Adityanath and Union Ministers attended. Chairman Jasbir Singh called it a step toward Aatmanirbhar Bharat.
Positive: capacity expansion in PCBs and ACs with government scheme support; long-term growth potential but no immediate financial impact.