Amber Enterprises Ltd. Company Profile: Products, Promoters and Clients
Amber Enterprises Ltd. Company Profile
Amber Enterprises India Limited started as a Private Limited Company on April 2, 1990, in Jalandhar, Punjab. On September 22, 2017, it became a Public Limited Company and changed its name. The company focuses on making consumer durable goods and their parts. Its products include room air conditioners, commercial ACs, and air conditioning systems for buses, metros, railways, and defence vehicles. The business has three main areas: Consumer Durables, Electronics Manufacturing Services (EMS), and Railway Subsystem & Mobility. Most of its revenue comes from the Consumer Durables segment, and most of its sales happen in India.
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Q1.What are the Products and Services offerings of Amber Enterprises Ltd?
- Air Conditioners: Amber Enterprises Ltd. manufactures a wide range of air conditioners, including room air conditioners, inverter air conditioners, and mobile air conditioners.
- White Goods: The company produces various white goods, such as refrigerators, washing machines, and microwave ovens.
- Components: Amber Enterprises Ltd. supplies a variety of components, including heat exchangers, multi-flow condensers, luminaries, plastic extrusion sheets, vacuum forming components, injection molding components, and sheet metal stamping and auto parts.
- Solar Lantern Systems: The company has set up a unit for solar lantern system installation for lighting in rural areas as part of its R&D initiatives.
- Design and Development: Amber Enterprises Ltd. offers design and development services for its products, leveraging its experience and knowledge derived from manufacturing.
- Research and Development: The company has a dedicated R&D center approved by the Department of Scientific and Industrial Research (DSIR), Ministry of Science and Technology, Government of India.
- Manufacturing: Amber Enterprises Ltd. operates 27 manufacturing facilities across nine locations in India, with a high degree of backward integration and strategic locations.
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Q2.Who are the Promoters of Amber Enterprises?
Mr. Jasbir Singh is the Chairman and Chief Executive Officer of the Company. He has more than 19 years of experience in the RAC manufacturing sector. He has Been serving the Board of Amber since 1st October 2004, he was appointed as Chairman and Chief Executive Officer of the Company w.e.f 25th August 2017.
He is also the member of Audit Committee and Corporate Social Responsibility Committee of the Company.He holds Bachelor’s degree in Production Engineering (Industrial Production) from Karnataka University and Master’s degree in Business Administration from the University of Hull, United Kingdom.
Mr. Daljit Singh is the Managing Director of the Company. He is serving the Board of Amber since 1st January 2008 and appointed as Managing Director of the Company w.e.f 25th August 2017. He is also the member of Stakeholder Relationship Committee and Corporate Social Responsibility Committee of the Company.
He has 17 years’ experience in finance services and ten years of experience in the RAC manufacturing sector.He holds Bachelor’s degree in Electronic Engineering from Nagpur University and Master’s degree in Information Technology from the Rochester Institute of Technology.
Q3.Who are the Clients of the Company?
Its clients include LG, Whirlpool, Godrej, Voltas, Blue Star, Philips, Honeywell, etc.
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