Kaynes Technology to Launch Advanced Electronics Unit in Telangana

Kaynes Technology is preparing to inaugurate an advanced electronics unit in Kongara Kalan, Telangana on August 23. The company's CEO, Raghu Panicker, met with Telangana Chief Minister A Revanth Reddy to invite him to the event and discuss the company's commitment to the region.

Kaynes Technology, a leading semiconductor manufacturing company, is set to inaugurate a state-of-the-art electronics unit in Kongara Kalan, Telangana, on August 23. The announcement was made during a meeting between the company's CEO, Raghu Panicker, and Telangana Chief Minister, A Revanth Reddy.

During the meeting, Panicker reaffirmed Kaynes Technology's commitment to bolstering its relationship with the state of Telangana. He also announced that Kaynes will be partnering in the state's ongoing development initiatives.

The upcoming OSAT unit is currently under the consideration of the Indian Semiconductor Mission (ISM), and operations will commence as soon as the necessary permissions are granted, Panicker added.

(With inputs from agencies.)