Ratnaveer Precision Engineering Limited has informed the Exchange about approval Received Under Electronics Component Manufacturing Scheme (ECMS).

Ratnaveer Precision Engineering has received government approval under the Electronics Component Manufacturing Scheme (ECMS) to set up a Copper Clad Laminates (CCL) manufacturing facility in Vadodara, Gujarat. The company plans to invest approximately ₹338 crore over the next three years to build what it describes as one of India's first fully integrated CCL plants. The project is already underway — machines have been ordered, procurement is in progress, and civil construction has started. Commercial production is expected to begin by November 2026. The initiative aligns with the government's Atmanirbhar Bharat and India Semiconductor Mission goals, aimed at reducing import dependence in critical electronic components.