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    <title>Amber Group eyes USD 2 bn revenue milestone soon; invests Rs 6,750 cr in UP projects</title>
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    <description>Amber Group is expanding its manufacturing footprint in Uttar Pradesh through large-scale investments in electronics, consumer durables and allied component production. The proposed projects at YEIDA include a high-density interconnect printed circuit board and semiconductor substrate manufacturing unit through a 70:30 joint venture, together with an expanded air-conditioner and components complex, with funding to be executed in phases through internal accruals, debt, equity and foreign direct investment from Korea. The expansion is positioned as a backward-integration and localisation strategy, supported under the Centre&#039;s Electronics Component Manufacturing Scheme and incentives from the Uttar Pradesh government.</description>
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