Amber Enterprises to Invest Rs 60 Bn in Noida Electronics Hub
ECONOMY & POLICY

Amber Enterprises to Invest Rs 60 Bn in Noida Electronics Hub

Amber Enterprises is set to invest Rs 60 billion to establish a large-scale electronics manufacturing facility near the upcoming Noida International Airport in Jewar. The announcement follows a meeting between Uttar Pradesh Industrial Development Minister Nand Gopal Gupta and Amber Enterprises promoter Jasbir Singh in Lucknow.

As per an official statement, the company aims to set up units for PCB assembly, home appliances, and consumer electronics production under this project.

The Yamuna Expressway Industrial Development Authority (YEIDA) has issued a Letter of Intent for 100 acres of land in Sector 8 for the project. The site is located near the Jewar airport, along the Yamuna Expressway.

The minister stated that the initiative would boost industrial development in the state and generate employment opportunities. The electronics and white goods ecosystem in the region is also expected to benefit from the new facility.

Amber Enterprises is a leading manufacturer of air conditioners and allied electronics.


News source: Outlook Business

Amber Enterprises is set to invest Rs 60 billion to establish a large-scale electronics manufacturing facility near the upcoming Noida International Airport in Jewar. The announcement follows a meeting between Uttar Pradesh Industrial Development Minister Nand Gopal Gupta and Amber Enterprises promoter Jasbir Singh in Lucknow.As per an official statement, the company aims to set up units for PCB assembly, home appliances, and consumer electronics production under this project.The Yamuna Expressway Industrial Development Authority (YEIDA) has issued a Letter of Intent for 100 acres of land in Sector 8 for the project. The site is located near the Jewar airport, along the Yamuna Expressway.The minister stated that the initiative would boost industrial development in the state and generate employment opportunities. The electronics and white goods ecosystem in the region is also expected to benefit from the new facility.Amber Enterprises is a leading manufacturer of air conditioners and allied electronics.News source: Outlook Business

Next Story
Infrastructure Urban

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..

Next Story
Infrastructure Urban

India REIT Market Gains Momentum with Strong Returns

India’s Real Estate Investment Trust (REIT) market is witnessing strong growth, emerging as a competitive investment avenue both domestically and across Asia. According to a recent ANAROCK report released at EXCELERATE 2026 by NAREDCO Maharashtra NextGen, the sector is evolving into a mature asset class driven by solid fundamentals, regulatory backing and rising investor confidence.The introduction of Small and Medium REITs (SM REITs) in 2025 has further widened access through fractional ownership, unlocking a potential monetisation opportunity of Rs 670–710 billion. Indian REITs have deli..

Next Story
Infrastructure Energy

G R Infraprojects Secures Rs 4,130 Million BESS Contract From NTPC

G R Infraprojects said it has secured a contract from NTPC to supply and implement a battery energy storage system (BESS) valued at Rs 4,130 million (mn). The company reported the order was awarded as part of NTPC's ongoing efforts to enhance grid flexibility and energy storage capacity. The contract represents a notable addition to the firm's project pipeline and underscores demand for utility scale storage solutions. The award is expected to strengthen G R Infraprojects' presence in the energy infrastructure sector and to contribute to the firm's order book and future revenues, subject to st..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement