Published on 21/01/2018 3:19:39 PM | Source: Ventura Securities Ltd

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Amber Enterprises India Limited (Amber) established in 1990, is a Punjab based market leading manufacturer in the RAC OEM/ODM industry in India, with a market share of 55.4% in terms of volume in FY17. It is a one-stop solutions provider for the major brands in the RAC industry and currently serves eight out of the top 10 RAC brands in India.

Amber offers a diverse range of products:

* RACs: It designs and manufactures complete RACs, including window air conditioners (WACs) and indoor units (IDUs) and outdoor units (ODUs) of split air conditioners (SACs) with specifications ranging from 0.75 ton to 2 ton, across energy ratings and types of refrigerants as well as inverter RACs, ranging from 1 ton to 2 ton.

* RAC Components: It manufactures critical and reliability functional components of RACs such as heat exchangers, motors, inverter and non-inverter printed circuit boards and multi-flow condensers. It also provides RAC components such as sheet metal components, copper tubing and injection molding components.

* Other Components: It assembles components for other consumer durables and automobiles such as case liners for refrigerators, plastic extrusion sheets and printed circuit boards for consumer durables and the automobile industry, sheet metal components for microwaves, washing machine tub assemblies and for automobiles and metal ceiling industries.

Amber’s clientele includes leading RAC brands such as Daikin, Hitachi, LG, Panasonic, Voltas and Whirlpool. Its customers command a share of around 75% in the Indian RAC market in FY17. It provides them with a range of additive manufacturing solutions at their doorsteps by supplying components and RACs through OEM/ODM models.

The company has a dedicated R&D centre, located at its Rajpura facility. The R&D centre is equipped with a psychometric lab which is accredited by the National Accreditation Board for Testing and Calibration Laboratories (“NABL”) with ISO/IEC 17025:2005 certification and facilities for 3D modelling, quality and product testing and a dedicated team. Amber’s R&D and innovation capabilities, backed by an in-house tool room, it has successfully designed and developed a portfolio of wide ranging RACs and components. It has the ability to manufacture most products from the concept and design stage till the final delivery thereby covering the entire manufacturing value chain.

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