Amber Group expands into washing machine segment through JV with Resojet

Amber Group expands into washing machine segment through JV with Resojet

In a significant development within the consumer durables sector, The Amber Group, a renowned market leader in Room Air Conditioners (RAC), RAC components, and non-RAC components, has announced its expansion into the washing machine segment. This strategic move is facilitated through a 50% joint venture (JV) with Telangana-based OEM Resojet Pvt Ltd, a subsidiary of […]

Titagarh Rail Systems, Amber Group forge alliance in railway component venture

Titagarh Rail Systems, Amber Group forge alliance in railway component venture

In a landmark move poised to reshape the landscape of the railway and metro coach manufacturing industry, Kolkata-based Titagarh Rail Systems Limited (TRSL) and the Delhi-NCR headquartered Amber Group have announced a strategic partnership. This significant collaboration involves the formation of a joint venture company (JVC) or Special Purpose Vehicle (SPV) to delve into the […]

Amber Group acquires major stake in Ascent Circuits to enhance EMS portfolio

Amber Group acquires major stake in Ascent Circuits to enhance EMS portfolio

Amber Group, a prominent figure in India’s manufacturing sector, has recently acquired a 60% stake in Ascent Circuits Pvt. Ltd. This strategic move, facilitated through ILJIN Electronics, an Amber group subsidiary, marks a significant expansion in the Group’s Electronic Manufacturing Services (EMS) capabilities. Ascent Circuits, a South India-based company, excels in the manufacturing of Printed […]