Kaynes Technology India Limited — Updates, 04-08-2025: Press Release

Kaynes Technology's wholly-owned subsidiary, Kaynes Circuits India, has signed a non-binding MoU with the Government of Tamil Nadu. This strategic move eyes an investment of approximately ₹4,995 Cr over six years to establish new manufacturing facilities and expand existing ones in Tamil Nadu. The MoU aims to leverage state incentives and policies, securing support for infrastructure and regulatory clearances. This significant expansion focuses on boosting production of Multilayer PCBs, HDI PCBs, Flexible PCBs, and Copper Clad Laminates, catering to high-growth sectors like Aerospace, Defence, and AI, indicating a strong future growth path for the company.