Amber Enterprises India Limited (Amber) has announced a strategic Joint Venture Agreement with Korea Circuit Co. Limited (KCC), marking a significant move to bolster the production of advanced Printed Circuit Boards (PCBs) in India. The new Joint Venture Company (JVC) will focus on manufacturing High-Density Interconnect (HDI) PCBs, flexible PCBs, and semiconductor substrates.
This collaboration aligns with India’s vision of “Aatmanirbhar Bharat,” aiming to enhance local manufacturing capabilities and reduce dependency on imports. Amber’s subsidiary, ILJIN Electronics (India) Private Limited, will hold a 70% stake in the JVC, while KCC will retain the remaining 30%. The goal is to establish a robust, world-class PCB manufacturing base in India.
Key Details of the Joint Venture
- Ownership Structure: ILJIN Electronics (70%) and KCC (30%)
- Focus Areas: HDI, Flex, and Semiconductor Substrates PCBs
- Objective: To strengthen domestic value addition and support India’s growing demand for electronics manufacturing.
This partnership reflects Amber’s ongoing commitment to expanding its technological footprint and contributing to India’s electronics manufacturing sector. By leveraging KCC’s expertise and ILJIN’s established presence in India, the JVC is set to meet the rising demand for high-quality PCBs, particularly in industries like automotive, telecommunications, and consumer electronics.
