AT Railway Sub Systems, wholly owned subsidiary of Sidwal Refrigeration Industries, (the wholly owned material subsidiary of the Company i.e. Amber Enterprises India) along with Yujin Machinery, a South Korea Based Company (‘Joint Venture Partner’) has incorporated a Joint Venture Company (JVC) in India, on August 20, 2024, namely ‘Yujin Machinery India’, to carry on the business of manufacturing of all types of Driving Gears, Couplers, Pantograph and Brakes for various rolling stocks, including all types of wagons, trams, Vande Bharat trains, Indian Railways products, high speed and metro trains, regional rapid transit systems, etc, in India or such other places agreed between the Joint Venture Partners.
Pursuant to the said investment, Yujin Machinery India has become Joint Venture company of AT Railway Sub Systems with effective from August 20, 2024.
Amber Enterprises India is a prominent solution provider for Air conditioner OEM/ODM Industry in India.