News Topical, Digital Desk : The government has approved four investment proposals worth ₹ 3,200 crore from Kaynes Technology 's subsidiary , Kaynes Circuit India Private Limited . Under this investment, the company will produce multilayer PCBs ( Printed Circuit Boards) and laminates in India . Ramesh Kanhikannan, the company 's managing director , stated that construction work has begun and the building will be fully completed by December 2025. The company aims to begin production by March 2026, with products expected to be visible in the market by the next quarter.
This project by the company is considered a significant step towards making India self-reliant in electronics manufacturing . It will reduce the country 's dependence on PCB imports and promote domestic production. This investment by Kaynes Technology will further strengthen India's position in the electronics manufacturing sector.
stock performance
Shares of Kaynes Technology closed 0.69% higher at ₹6,735 on Monday. Over the past year, the company's stock has gained 26.03%.
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