Amber Enterprises: Sluggish Q3 dampens short-term outlook
Exploring business adjacencies and acquisitions to expand business growth across all segments
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Exploring business adjacencies and acquisitions to expand business growth across all segments
Jasbir Singh of Amber Enterprises discusses the expansion of the company into the railway segment. Amber Enterprises plans to create a special purpose vehicle (SPV) with Titagarh to provide comprehensive solutions for rolling stock manufacturers, including air conditioners, doors, gangways, pantry systems, and other components. The total addressable market for the railway segment is expected to reach Rs 75,000-80,000 crore in the next five to six years. Amber Enterprises aims to target a bill of material solution of Rs 2-2.5 crore per coach. The company has also diversified into the electroni...
India's Amber Group and South Korea’s Korea Circuit have signed an MOU to manufacture high density interconnect and semiconductor substrate PCBs.
The MoU with Korean Circuit has been signed by Ascent Circuits, in which Amber acquired a majority stake of 60 percent earlier this month
(This story has not been edited by THE WEEK and is auto-generated from a PTI