India, Sept. 30 -- Ratnaveer Precision Engineering is attempting to move beyond its established stainless-steel business and enter a segment that sits at the beginning of the electronics manufacturing chain. The company's new copper-clad laminate (CCL) project is aimed at supplying the base material used to manufacture printed circuit boards (PCBs), making it an important link in the broader electronics and semiconductor ecosystem.

The opportunity has become more interesting because of the reported shortage of CCL in the Indian market. Management says the company is preparing its first production line while competitors such as Wipro, Kaynes Technology and Syrma SGS are also expanding their presence across the electronics value chain. Th...