AMBER ENTERPRISES — BUILT IN INDIA, BUILT FOR TOMORROW

It started with the air conditioner, But the ambition was much bigger. Build more. Make more. Import less. Integrate more. What began as an HVAC manufacturing company has evolved into a diversified B2B manufacturing platform spanning Consumer Durables, Electronics and Railway Subsystems & Defence. Today, Amber operates through 30 manufacturing facilities across 9 states, backed by a workforce of 18,000+ and 300+ R&D employees. But the real story is happening beyond ACs. Cooling was the beginning. Electronics is the acceleration. Railways could be the expansion. Defence adds the ambition. And electronics could become the biggest transformation. Through PCB assembly, bare PCBs and box-build capabilities, Amber is moving deeper into the electronics value chain—serving areas including consumer electronics, automotive, telecom, smart meters, aerospace and defence. That creates a powerful equation: More electronics. More localisation. More manufacturing. More value addition. The company is also using acquisitions and partnerships to strengthen its capabilities, while continuing to expand its electronics footprint. Its FY26 disclosures highlight acquisitions including Power-One, Unitronics and Shogini, supporting the electronics growth journey. Global supply chains are shifting. India is building capacity. Electronics demand is rising. Defence is becoming indigenous. It's about becoming the factory behind the factory — the company that manufactures the components, electronics and systems that other brands and industries depend on. From cooling rooms to powering machines, from electronics to railway systems, from today's manufacturing to tomorrow's localisation — Amber isn't just making products. It's trying to make India manufacture more. The AC may have opened the door. Electronics could widen it. Railways and defence could take Amber much further.