Kaynes Technology India has entered into Memorandum of Understanding (MoU) with Government of Telangana (Information Technology, Electronics and Communications Department (ITE&C)) for setting up of Outsourced Semiconductor Assembly and Testing (OSAT) and Compound Semiconductor manufacturing facility in the State (Telangana).
The proposed facility by Kaynes Technology will entail an investment of Rs 2,800 crore and will create direct employment for over 2,000 people. The proposed facility will come up in Kongara Kalan, adjacent to the upcoming electronics manufacturing facility of Foxconn.
The company undertakes ‘Build To Print’ or ‘Build to Specifications’ of complex box builds, sub-systems and products across various industry verticals. It undertake turnkey electronics manufacturing services of PCBAs, cable harness, magnetics and plastics ranging from prototyping to product realization including mass manufacturing.
