Kaynes inaugurates State-of-the-Art Electronics Manufacturing Facility in Hyderabad

Kaynes, a global leader in electronic system design and manufacturing solutions, proudly announces the successful inauguration of its cutting-edge electronics manufacturing facility in Hyderabad. The grand opening, held on August 23, 2024, marks a significant achievement in the company's strategic expansion, reinforcing its commitment to innovation, sustainability, and excellence.

The event was attended by the Speaker of the Telangana Legislative Assembly Gaddam Prasad Kumar accompanied by Sri Duddilla Shridhar Babu, Information Technology Minister, Shri Malreddy Ranga Reddy, MLA along with other distinguished government officials, industry leaders, and key stakeholders, all of whom witnessed the advanced capabilities of this new plant.

Ramesh Kunhikannan, Managing Director, Kaynes Technology, expressed his enthusiasm, stating, "The inauguration of our Hyderabad facility is a pivotal moment in our journey. This state-of-the-art plant not only enhances our manufacturing capabilities but also positions Kaynes Technology at the forefront of the electronics manufacturing industry, both in India and globally."

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.

"Today's inauguration represents our unwavering commitment to driving technological innovation and manufacturing excellence," added Ramesh Kunhikannan. "We are excited to see this facility contribute to the development of smarter, more sustainable solutions for our clients worldwide."

Shares of Kaynes Technology India Limited was last trading in BSE at Rs. 5022.10 as compared to the previous close of Rs. 5159.55. The total number of shares traded during the day was 12366 in over 2813 trades.

The stock hit an intraday high of Rs. 5218.85 and intraday low of 4981.00. The net turnover during the day was Rs. 62371994.00.

Source : Equity Bulls

Keywords

KaynesTechnologyIndia IndustrialProducts INE918Z01012 ElectronicsManufacturingFacility Hyderabad Inauguration