KAYNES TECH TO INVEST RS 500 CR FOR SETTING UP NEW UNIT IN KERALA

One of India's leading Electronics Manufacturing Sector (EMS),

is set to establish a new manufacturing unit in Kerala with an investment of Rs 500 crore and set to create 2,000 jobs. The state government will allot land in the Perumbavoor Industrial Park (developed by KINFRA) to facilitate this expansion. Headquartered in Karnataka, this company specialises in the the design and manufacturing of electronic products for various sectors, including automotive, industrial, railways, medical, and aerospace, globally. The company currently operates eight production units across India and maintains a service centre in Kochi. The company's revenue grew by 51% year-on-year (YoY) to Rs 2722 crore and net profit grew by 60% to Rs 293 crore in FY25. Moreover, the stock price has delivered 710% returns in 5 years, and 45% in the last 1 year. The company is sitting on a strong order book of Rs 6,597 crore as of 31 Mar 2025, this is a 60% increase compared to the previous financial year. This robust order book provides strong revenue visibility for FY26 and beyond, indicating continued growth momentum for the company.