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IL JIN Electronics, part of the Amber Group, operates its bare PCB business through its subsidiaries, with the cooperation specifically focussed on Ascent Circuits.
The planned cooperation will combine Schweizer’s long-standing experience in automotive and industrial PCB applications with Ascent Circuits’ manufacturing footprint and expansion plans in India.
It will create additional value for customers in European and US region by strengthening supply-chain resilience, broadening sourcing options and preparing a structured path toward future technology capabilities.
In the first phase, the partners will focus on selected standard automotive and industrial PCB applications based on existing manufacturing capabilities.
In parallel, the cooperation will prepare a step-by-step roadmap toward more complex multilayer and HDI applications as future Indian capacities become available.
The partners also intend to evaluate selected future growth areas in other industries where the cooperation can create long-term customer value.
In a separate filing made on Saturday (27 June 2026), Amber Group informed that it had the ground breaking ceremony of two advanced manufacturing facilities at YIEDA, near Noida International Airport (Jewar), Uttar Pradesh.
The first unit is Ascent-K Circuit’s facility for advanced HDI PCBs manufacturing, spanning across 16 acres, and approved under the Electronics Component Manufacturing Scheme (ECMS) by the Ministry of Electronics and Information Technology (MeitY). The facility would bring together the expertise of Ascent Circuits and Korea Circuit Co.
The second unit is Amber Group’s Ultra Mega AC manufacturing facility, spanning across 100 acres, to boost domestic production and scale, in a phased manner, for air conditioner manufacturing.
Amber Enterprises India is engaged in the business of manufacturing and trading of Consumer Durables, Electronics Manufacturing Services and Railway Subsystem & Mobility and its services.
The company reported a 26.8% year-on-year decline in consolidated net profit to Rs 85 crore for Q4 FY26, despite a 10.5% increase in revenue from operations to Rs 4,147.52 crore.
The scrip shed 0.85% to currently trade at Rs 7595 on the BSE.
Oppo India, a licensed manufacturer of mobile phones for the OPPO, OnePlus and Realme brands in India, will partner with Amber Group to manufacture smartphones for these brands in the country.
Under the arrangement, Amber Group will leverage its manufacturing scale, operational capabilities, local supply chain network and expertise in enhancing domestic value addition, while the brands will contribute their global product and technology expertise.
The partnership underscores Oppo India’s confidence in Amber Group’s ability to deliver quality, scale and consistency in manufacturing operations.
For Amber Group, the collaboration represents a significant milestone in its diversification strategy and strengthens its position in the electronics manufacturing ecosystem. The company said the partnership will support its long-term growth plans while expanding its role in India's mobile phone manufacturing sector.
The collaboration is expected to create opportunities for operational synergies and reinforce Amber’s position as a preferred entity for B2B manufacturing. Both companies will work closely to ensure a gradual smooth ramp-up and to explore additional opportunities for future collaboration.
Speaking on the announcement, Jasbir Singh, Executive Chairman & CEO, Amber Enterprises India Limited said: “We are excited for this manufacturing collaboration with OPPO India. This collaboration underscores our manufacturing capabilities and our ability to support globally recognized brands with quality, reliability, value addition and scale.”
Amber Enterprises reported a 26.8% year-on-year decline in consolidated net profit to Rs 85 crore for Q4 FY26, despite a 10.5% increase in revenue from operations to Rs 4,147.52 crore.
The scrip rose 1.14% to end at Rs 7,955.05 on the BSE on 18 June 2026.
Amber Group has entered into a manufacturing collaboration with Oppo Mobiles India (Oppo India). OPPO India is a licensed manufacturer of Mobile Phones for brands of OPPO, OnePlus and Realme (the Brands) in India.
Under this collaboration, Amber Group will manufacture Mobile Phones for the Brands, combining the Brands' global product expertise with the Indian partner's manufacturing scale, operational capabilities, capability to enhance local value addition and local supply chain strengths.
This partnership reflects OPPO India's recognition of Amber Group's capabilities to deliver quality, scale, and consistency. For Amber group, the collaboration represents an important milestone in its efforts to expand its role in manufacturing and strengthen its long-term growth platform.
Securities in F&O Ban:
Amber Enterprises India and Kaynes Technology India shares are banned from F&O trading on 10 June 2026.
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Amber Enterprises India Ltd fell 1.83% today to trade at Rs 7013.75. The BSE Consumer Durables index is down 0.17% to quote at 57453.82. The index is down 4.77 % over last one month. Among the other constituents of the index, Titan Company Ltd decreased 0.85% and Berger Paints India Ltd lost 0.44% on the day. The BSE Consumer Durables index went down 3.92 % over last one year compared to the 8.07% fall in benchmark SENSEX.
Amber Enterprises India Ltd has lost 11.89% over last one month compared to 4.77% fall in BSE Consumer Durables index and 3.89% drop in the SENSEX. On the BSE, 6210 shares were traded in the counter so far compared with average daily volumes of 18824 shares in the past one month. The stock hit a record high of Rs 8970 on 07 May 2026. The stock hit a 52-week low of Rs 5404 on 27 Jan 2026.