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Bloomberg Quint

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Amber Enterprises Banks On Electronics Division Growth To Log Margins Of Up To 9.5% By FY29

  • Electronics Manufacturing Services company Amber Enterprises expects its electronics division to achieve double-digit margins by fiscal year 2028.
  • Amber Enterprises CEO Jasbir Singh anticipates consolidated margin to reach 9% to 9.5% by fiscal year 2029.
  • Amber Enterprises plans to invest about Rs 3,000 crore in the production-linked incentive (PLI) scheme for passive electronics components.
  • Amber Enterprises' growth in the electronics division can be attributed to acquisitions and the success of the PLI scheme for AC components.

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