Kaynes looks to open Rs 4,995 crore components making unit in Tamil Nadu

Kaynes Circuits India is poised to invest Rs 4,995 crore for setting up an advanced electronic component manufacturing facility in Thoothukudi, Tamil Nadu, said people aware of the developments. The plant would produce 74-layer PCB, HDI PCB, flexible PCB, high-performance laminates, camera module assembly and wire harness assembly, the people said.

This would mark the first large scale investment in PCB manufacturing in Tamil Nadu. It underscores plans by the state government to set up a new electronics manufacturing cluster in Thoothukudi—far from…