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Kaynes Tech unit to invest $570 million in India's Tamil Nadu state

Kaynes Tech unit to invest $570 million in India's Tamil Nadu state

Reuters3 hours ago
Aug 4 (Reuters) - Kaynes Technology India (KAYN.NS), opens new tab said on Monday its unit will invest roughly 49.95 billion rupees ($570.40 million) over the next six years in the southern state of Tamil Nadu.
Kaynes Circuits India Pvt Ltd's investment will fund capacity additions and also set-up new projects in the state, the company said.
($1 = 87.5700 Indian rupees)
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