Ratnaveer Precision Engineering to Launch Rs 338-Crore Copper Clad Laminates Project

Ratnaveer Precision Engineering aims to begin operations of a Rs 338-crore copper clad laminates project in Vadodara by November 2026. Approved under the Electronics Component Manufacturing Scheme, the project seeks to boost domestic manufacturing capabilities in electronic components.

Ratnaveer Precision Engineering announced plans to commence commercial operations of its Rs 338-crore copper clad laminates project by November 2026. This project, situated in Vadodara, Gujarat, has received approval under the Electronics Component Manufacturing Scheme (ECMS).

The initiative aims to enhance integration and strength in domestic manufacturing of critical electronic components. Preparations are underway with machinery orders placed and active procurement, while civil work is progressing.

This venture underscores the company's dedication to promoting India's self-reliance in critical electronics. A technical collaboration with a leading machinery manufacturer supports this endeavor, fostering innovation and capability development in the country's electronics sector.

(With inputs from agencies.)