Kaynes Technology India Limited is one of 31 companies cleared under the Indian government's Electronics Component Manufacturing Scheme (ECMS). The company expects its printed circuit board (PCB) plant to become operational within one month. This approval aims to strengthen India's domestic electronics manufacturing capacity.
Subsidiary Kaynes Semicon plans to expand into silicon photonics, post-quantum security, and neuromorphic computing. CEO Raghu Panicker identified these emerging technologies as growth areas for the next phase of India's semiconductor mission.
Bengaluru-based Level Five Cartronics is discussing a partnership with Kaynes Semicon for outsourced semiconductor assembly and testing (OSAT) services.