Advanced PCB manufacturing to enhance India's global competitiveness: Vaishnaw
New Delhi, June 28
Union Minister Ashwini Vaishnaw has said the upcoming Amber and Ascent Electronics manufacturing facilities will mark a new chapter in India's electronics sector, with advanced printed circuit board production set to strengthen the country's electronics ecosystem and enhance its global competitiveness.
"A new chapter in Bharat's electronics manufacturing. The Amber & Ascent Electronics Manufacturing Plant will produce advanced Printed Circuit Boards (PCBs), strengthening India's electronics ecosystem and global competitiveness," Vaishnaw said in a post on social media platform X.
"Every PCB manufactured here will save foreign exchange, strengthen the rupee and improve India's balance of payments," he added.
The minister made the remarks after jointly laying the foundation stones for the projects with Uttar Pradesh Chief Minister Yogi Adityanath in Yamuna City, Jewar.
The projects include a Rs 3,250-crore advanced printed circuit board manufacturing facility by ASCENT-K Circuit, a joint venture with South Korea's KCC, which will manufacture high-density and multi-layer PCBs for the electronics industry.
Amber Enterprises will separately invest Rs 3,500 crore to establish a manufacturing facility for HVAC components and PCB assemblies.
Vaishnaw had earlier said that India currently imports PCBs worth nearly Rs 40,000 crore annually and that increasing domestic manufacturing capacity would significantly reduce the country's dependence on imports.
He also highlighted the rapidly developing infrastructure ecosystem in the Jewar region, stating that the operational Noida International Airport, improved connectivity through the Delhi-Mumbai Industrial Corridor (DMIC), and the proposed Delhi-Lucknow-Varanasi bullet train project are making the area an attractive destination for global investors.
The minister said the emerging industrial ecosystem, supported by modern infrastructure and manufacturing investments, would help position India as a major electronics manufacturing hub while boosting local production capabilities and employment generation.
— IANS
Reader Comments
Good initiative but I'm a bit skeptical. We've heard these announcements before. The real test will be in execution - land acquisition, clearances, and actually getting the plants operational. Also, South Korea's involvement is encouraging but hope we're not just replacing one import dependency with another. Need Indian companies to lead eventually.
This is exactly the kind of manufacturing boost we need! 🇮🇳 PCB production is the backbone of electronics. With 5G, IoT, and electric vehicles taking off, domestic PCB manufacturing will be a game-changer. And the Jewar region is becoming the next industrial corridor - smart move by UP government to develop infrastructure there.
As someone who works in electronics supply chain, this is a welcome development. India has the talent and scale to be a major PCB hub. The focus on high-density and multi-layer PCBs shows they're targeting the right segment - these are crucial for smartphones, automotive, and industrial applications. The bullet train connectivity to Lucknow-Varanasi is a bonus for logistics.
Positive step but we need to look at the bigger picture. PCB manufacturing is just one part of the electronics ecosystem. What about chip design and fabrication? What about component sourcing? If we're still importing the raw materials and chemicals, the foreign exchange savings may not be that significant. But yes, this is a good start - at least we're moving in the right direction.
Great news! 🙌 The Jewar airport area is going to be a game-changer for UP. With the DMIC and bullet train corridor, it'll attract massive investment. Hope local youth
We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.