Ratnaveer Precision Engineering Limited to invest Rs. 338 crore
Managing Director Vijay Sanghvi and Seema Sanghvi formally receiving the approval letter from Minister Ashwini Vaishnaw in New Delhi on March 30, 2026 New Delhi [India], April 01: Ratnaveer Precision Engineering Limited has informed the stock exchanges that the company has received approval under the Electronics Component Manufacturing Scheme (ECMS) for its Copper Clad Laminates [...]
Managing Director Vijay Sanghvi and Seema Sanghvi formally receiving the approval letter from Minister Ashwini Vaishnaw in New Delhi on March 30, 2026
New Delhi [India], April 01: Ratnaveer Precision Engineering Limited has informed the stock exchanges that the company has received approval under the Electronics Component Manufacturing Scheme (ECMS) for its Copper Clad Laminates (CCL) project. The approval letter was formally received by Managing Director Vijay Sanghvi from Ashwini Vaishnaw, Minister of Railways, Electronics & Information Technology and Information & Broadcasting, on March 30, 2026, in New Delhi.
According to the company management, under this approval, Ratnaveer will establish India’s first fully integrated Copper Clad Laminates manufacturing facility in Vadodara, Gujarat. The company will invest approximately Rs. 338 crore over the next three years. The objective of this project is to enable full integration in critical electronic components and strengthen domestic manufacturing capabilities. The project has already commenced, and the company expects commercial operations to begin by November 2026. The company has placed orders for machinery and the procurement process is ongoing. Civil work has started in full swing. Technical collaboration has been established with a leading machinery manufacturing company in the industry.
