Ratnaveer Precision Engineering Limited has received regulatory clearance under the Electronics Component Manufacturing Scheme (ECMS) to establish a ₹3.38 billion Copper Clad Laminates production site. This Vadodara-based project marks India’s first fully integrated facility for these essential electronic materials, with operations scheduled to begin by November 2026.
Ratnaveer Precision Engineering Limited, an industrial manufacturer specializing in high-precision stainless steel products, has secured formal approval under the federal Electronics Component Manufacturing Scheme (ECMS) to launch a specialized technology vertical. According to official disclosures, the company is set to establish India’s first fully integrated manufacturing unit for Copper Clad Laminates (CCL) in Vadodara, Gujarat. The venture involves a total capital commitment of approximately ₹3.38 billion over the next three years, with commercial production expected to commence in late 2026.
This development is a critical milestone for the Indian electronics hardware ecosystem. By localizing the production of CCL, the foundational material for printed circuit boards (PCBs), the initiative addresses a long-standing gap in the domestic supply chain. Currently, Indian manufacturers depend heavily on imported laminates; consequently, this facility is expected to reduce logistics risks and input costs for the telecommunications, automotive, and consumer electronics industries. Strategic implications for the market include a shift toward higher-value manufacturing. Ratnaveer has already initiated civil works and established technical collaborations with global machinery leaders to ensure international quality standards.
For investors, this pivot signifies the company's transition into the high-growth semiconductor and hardware substrate market. As the Ministry of Electronics & Information Technology continues to prioritize sovereign manufacturing capabilities through fiscal incentives, this project positions Ratnaveer to capture significant market share in the burgeoning domestic electronic component sector.
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