ILJIN Electronics (India)

ILJIN Electronics, a subsidiary of Amber Enterprises India Limited, has agreed to acquire a 40.24% stake in Israeli industrial automation company Unitronics for NIS 156 million (approx. ₹3,432 crore). The deal is expected to close within 60 business days.

ILJIN Electronics (India), a unit of Amber Enterprises India, signed a joint venture agreement with Korea Circuit Co. to establish a new company in India for manufacturing semiconductor substrates, including HDI and Flex PCBs. ILJIN will hold a 70% stake and Korea Circuit 30%.