Amber Enterprises' subsidiary has entered into a joint venture with IL JIN to create ILJIN Technologies, targeting the medical, defence, and aerospace electronics markets. Under the agreement, IL JIN will hold a 60% stake through 600,000 equity shares, while Singularity will retain the remaining 40%. This collaboration aims to combine the strengths of both companies to address the growing demand for specialized electronics in critical sectors such as healthcare, defence, and aerospace within India and beyond. Under the arrangement, IL JIN will hold a 60% stake in ILJIN Technologies through 6,00,000 equity shares, while Singularity will own the remaining 40% stake.