With an investment of Rs 1100 crore, Ascent Circuits Private Limited, a company of the Amber Group, is set to open the largest and most sophisticated PCB manufacturing facility in Hosur, Tamil Nadu, significantly advancing India’s vision of “Atmanirbhar Bharat” and expanding the electronics manufacturing ecosystem in the country. Under the Electronics Components Manufacturing Scheme (ECMS) of the central government, this is the first PCB manufacturing initiative in India to receive recognition.
Thiru. MK Stalin, the chief minister of Tamil Nadu state, was present when the corporation launched the construction commencement event to commemorate the milestone.
Thiru Dr. T R B Rajaa, Thiru R Sakkarapani, the Honourable Minister for Food and Civil Supplies, Thiru K Gopinath, Thiru Y Prakash, Thiru Arun Roy, the Industries Secretary, Thiru Darez Ahamed, the Managing Director of Guidance, Thiru K P Karthikeyan, the Managing Director of ELCOT, Thiru C. Dinesh Kumar, the Krishnagiri District Collector, Thiru Dr. P. Umanath, the Secretary 1 to the CM, Thiru T. Udhayachandran, the CM’s personal secretary, Thiru D.
This Ascent Circuits facility, which is situated in ELCOT, Hosur, will focus on complex multilayer and high-density interconnect (HDI) PCBs, which are essential for enabling next-generation applications in consumer electronics, automotive, aerospace, and telecommunications.
It is expected to produce one million square meters of PCBs annually, making it India’s largest volume factory and establishing new standards for capacity, efficiency, and innovation in the PCB industry.
The Atmanirbhar Bharat initiative’s push for technical independence is anticipated to be significantly impacted by the greenfield project.
It will lessen a country’s reliance on imports, create chances for technology transfer, and encourage the localization of essential components, all of which will improve domestic capabilities, create jobs, and build an ecosystem in the electronic components market.
This project of Ascent Circuits would provide India the boost it needs to become known as a worldwide manufacturing and supply chain security hub.
Leadership Comments
Marking the occasion, P Manjunath, Managing Director, Ascent Circuits, said, “The Rs 1100 crore investment represents Amber Group’s vision to develop an ecosystem of indigenous capabilities for India’s electronics industry. By delivering advanced multi-layer and HDI PCB capabilities at scale, we are enabling Amber to become a true full-stack PCB player, strengthening our EMS leadership and supporting the government’s Atmanirbhar Bharat vision. The recognition under the ECMS further validates our commitment to build a globally competitive electronics industry in our country which will power the next era of industrial and technological growth.”
