Kaynes Tech unit to invest $570 million in India's Tamil Nadu state

Kaynes Technology India

04/08/2025 15:36

Aug 4 (Reuters) - Kaynes Technology India KAYN.NS said on Monday its unit will invest roughly 49.95 billion rupees ($570.40 million) over the next six years in the southern state of Tamil Nadu.

Kaynes Circuits India Pvt Ltd's investment will fund capacity additions and also set-up new projects in the state, the company said.

($1 = 87.5700 Indian rupees)

 (Reporting by Hritam Mukherjee in Bengaluru)

 ((Hritam.Mukherjee@thomsonreuters.com; X: @MukherjeeHritam;))