New Delhi, September 7, 2025: Amber Group’s electronics arm, ILJIN Electronics India Pvt Ltd, has clinched its first external institutional fundraise—₹1,200 crore—via separate definitive agreements led by ChrysCapital (₹1,100 crore), with InCred Growth Partners Fund I (InCred PE) contributing ₹100 crore. The transaction is subject to regulatory approvals.
The capital will be used to scale operations, expand manufacturing capacity, and pursue selective acquisitions, reinforcing ILJIN’s position in India’s fast-growing EMS market and aligning with the government’s Aatmanirbhar push, including schemes like PLI and ECMS.
ILJIN manufactures bare printed circuit boards (PCBs) and PCB assemblies, and also undertakes box-build work for products such as smartwatches, routers, battery energy storage systems, solar inverters, EV chargers, and UPS systems. In FY25, the company reported ₹2,194 crore in revenue and ₹151 crore operating EBITDA, with revenue CAGR of 52% from FY22–FY25.
Parent Amber Group said the raise complements its broader capacity expansion and application under ECMS, and fits within its diversified B2B portfolio across consumer durables, electronics and rail/defence. Amber operates a pan-India footprint of 31 plants, including facilities in Chennai, Hosur, Bengaluru and Hyderabad.
