Overview
- Government ministers and Amber/ASCENT-K executives laid foundation stones in Yamuna City, Jewar on Saturday for two manufacturing projects that total about Rs 6,750 crore.
- The investments comprise a Rs 3,250 crore ASCENT-K Circuit joint venture with Korea Circuit Co. to make high-density multi-layer PCBs and a Rs 3,500 crore Amber Enterprises plant for HVAC parts and PCB assemblies.
- Officials say domestic PCB capacity could replace roughly Rs 40,000 crore of annual imports by producing advanced boards, including some 20–22 layer multi‑layer PCBs, though these savings are projected rather than realized today.
- Jewar’s appeal to investors rests on new transport links such as the Noida International Airport and proximity to the Delhi‑Mumbai Industrial Corridor, which officials argue will help build a regional electronics cluster.
- The sites are at foundation stage and companies say both units will be built with Zero Liquid Discharge and resource‑efficiency systems while creating about 3,000 jobs according to government and company projections.