Electronic system design and solutions provider Kaynes Tech on August 23 inaugurated an electronics manufacturing facility in Hyderabad, the firm said in an exchange filing.
"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," managing director Ramesh Kunhikannan said.
The 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, the company said.
The facility would cater to industrial, automotive, medical electronics, aerospace, and telecommunications sectors among others.
"Today's inauguration represents our unwavering commitment to driving technological innovation and manufacturing excellence," Kunhikannan said.
Telangana assembly speaker Gaddam Prasad Kumar, state's IT minister Duddilla Shridhar Babu and local MLA Malreddy Ranga Reddy were among the people who attended the ceremony.
At 12.50 pm, the stock was trading at Rs 5,033.95 on the National Stock Exchange, up 0.19 percent from the previous day’s close.
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