IFCI Venture Capital invests in Amber Enterprises India, a leading OEM of white goods, to capitalize on the growth of India's domestic consumption and energy-efficient product demand.

Information on the Target

Amber Enterprises India Private Limited is a leading Original Equipment Manufacturer (OEM) in India, specializing in white goods such as air conditioners, microwave ovens, and refrigerators. The company has received numerous accolades for excellence in OEM and innovation from its clients. Through strategic backward integration and the production of import-substitution components, Amber Enterprises has maintained a cost-competitive advantage. The company has successfully diversified its customer base and boasts a growing portfolio of varied products.

Amber Enterprises is capitalizing on the rise of domestic consumption due to increasing disposable incomes and convenient financing options, resulting in substantial growth across its product range.

Industry Overview in India

India's white goods market is experiencing a robust expansion, propelled by rising urbanization and increased disposable income among consumers. The demand for energy-efficient appliances is particula