Amber Enterprises’ Scale-Up Measures Further Supported By PLI Scheme: Anand Rathi
A worker carries out leak testing on a condenser on the assembly line of the Carrier Midea Pvt. manufacturing facility in Bawal, Haryana, India (Photographer Udit Kulshrestha/Bloomberg)

Amber Enterprises’ Scale-Up Measures Further Supported By PLI Scheme: Anand Rathi

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BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Anand Rathi Report

Amber Enterprises India Pvt Ltd. is set to emerge as the primary beneficiary of the government’s steps on air-conditioner imports.

The industry estimates approximately 2.7 million units are imported, of which ~70% are filled with refrigerants.

After the notification, the company added four original equipment manufacturer clients and is adding a few more. The full benefits of an expanding client list will be visible in FY22.

With its two new factories expected to be commissioned by FY22, the company can benefit from further policy support in the form of production linked incentives for components.

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Anand Rathi Amber Enterprises Company Update.pdf

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