Kaynes, a global leader in electronic system design and manufacturing solutions, recently announced the successful opening of its electronics manufacturing facility in Hyderabad. The grand opening on August 23, 2024, represents an important milestone in the company’s strategic expansion, demonstrating its commitment to innovation, sustainability and quality.
In the exchange filing, the company shared, “The Hyderabad facility is equipped with the latest manufacturing technologies, including high-precision electronic assembly, 3D optical and Artificial Intelligence enabled state of the art inspection systems, and lead-free/RoHS-compliant processes. It is designed with sustainability in mind, aiming to minimize environmental impact while maximizing production efficiency. The plant will cater to various sectors such as industrial, automotive, medical electronics, aerospace, and telecommunications, underscoring Kaynes Technology’s versatility and expertise.”
Attendees included prominent government officials, industry leaders and important stakeholders, as well as the Speaker of the Telangana Legislative Assembly Gaddam Prasad Kumar. Also in attendance were Sri Duddilla Shridhar Babu, Minister of Information Technology and Shri Malreddy Ranga Reddy, MLA.
In the meantime, as of 11:31 am, Kaynes Technology shares were trading 1.92% higher at Rs 5,121.00 on the NSE.
