Announced Thu, 18 Jun · 19:56 IST

Amber signs manufacturing collaboration with Oppo for mobile phones in India

Marquee Jv AnnouncedStrategic Transactions View source PDF

AMBER · price

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Price reaction · full curve 14 horizons · vs prior close
-0.7%1-day move
₹7951.50
prior close
₹8218.00
base price
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AI summary

Amber Enterprises, along with its subsidiaries and affiliates (Amber Group), has signed a Manufacturing Collaboration Agreement with Oppo Mobiles India Private Limited on 18 June 2026. The deal is for manufacturing mobile phones in India and marks Amber Group's entry into a new line of business. Amber is known for AC and electronics components manufacturing, so this expands its product portfolio into smartphone manufacturing with a marquee global brand.

Likely market impact

Opens a new revenue stream in smartphone manufacturing; positive diversification beyond core AC and appliance components business.