Kaynes Technology Subsidiary to Invest ₹4,995 Crore (~570 millions USD) in Tamil Nadu

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Kaynes Circuits India Pvt Ltd, a subsidiary of #KaynesTechnology, has signed a non-binding Memorandum of Understanding (MoU) with the #TamilNadu government. As per the filing, the agreement was signed on August 4, 2025, and mentions an investment of ₹4,995 crore over the next 6 years for setting up new manufacturing facilities in the state.

It will include greenfield projects and expansion of existing capacities. The company has not yet shared specific timelines for the start of construction or production.


Range of Products to Be Manufactured

The unit will focus on manufacturing advanced #electronics components. These include multilayer #PCBs (up to 74 layers), HDI PCBs, flexible PCBs, camera module assemblies, wire harnesses, and #highfrequencylaminates. These products are used in sectors like telecom, defence, aerospace, and consumer electronics.

The state’s investment promotion agency, Guidance, is expected to assist with infrastructure, clearances, and eligibility for financial incentives. The MoU allows for discussions on industrial policies, subsidies, and support packages, but no legal commitment has been made yet.

Employment and Ecosystem 

The facility in #Thoothukudi is expected to generate approximately 4,700 jobs and nearby districts. The location is close to the upcoming VinFast EV plant, which could support the development of a broader manufacturing cluster in the region.


source: AngelOne/ Kaynes Technology

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