New Delhi, Mar 21 (PTI) Amber group, a homegrown contract manufacturer for HVAC and consumer electronics, on Thursday said it has formed a 50 per cent JV with Resojet, a Radiant Group Company, for manufacturing fully automatic washing machines.

This will help Amber group expand its footprint in the consumer durables space, beyond room air conditioners, a joint statement said.

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An Amber Enterprises spokesperson said, “This joint venture is a significant step forward for Amber Enterprises as we continue to expand our presence in the consumer durables market. By partnering with Resojet, we gain access to their expertise in manufacturing washing machines, allowing us to offer a wider range of high-quality products to our customers.”

"Resojet is excited for this partnership, together we shall bring more value for our customers & also further strengthen groups association for various other consumer electronics & durable products,” a Radiant group spokesperson said.

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Earlier in January, Amber Group had announced the acquisition a majority stake in Bengaluru-based Ascent Circuit a leading manufacturer of Printed Circuit Boards (PCBs) catering to various industries, including aerospace and defence.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)