Amber Group to Acquire Majority Stake in Shogini Technoarts Pvt Ltd

The IL JIN Electronics India Pvt Ltd, a subsidiary of Amber Group, has entered into a definitive agreement for purchase of majority stake in Shogini Technoarts Pvt Ltd. Incorporated in 1982, Shogini is a prominent manufacturer of Printed Circuit Boards ranging from single-sided, double-sided, multi-layered, metal clad and flex PCBs from its manufacturing facility based out of Pune. The company provides PCB solutions across diverse applications such as automotive, defense, medical electronics, industrial electronics, power electronics, process control, telecommunication, computer peripheral, LED lighting etc. Leveraging its engineering expertise and software capabilities, the company delivers high-quality manufacturing solutions to marquee customers across the diverse industries. The partnership propels the Electronic Division’s vision to scale the PCB vertical and drive operational efficiency, while advancing localized manufacturing through backward integration to strengthen India’s PCB ecosystem.