Kaynes Circuits to set up ₹4,995 Cr electronics manufacturing unit in Tamil Nadu

By Staff Report August 4, 2025 3:20 pm IST

Kaynes plans a major ₹4,995 Cr facility in Tamil Nadu. This facility will manufacture advanced electronic components. The various components include flexible PCBs, wire harness assemblies, and high-performance laminates.

Presently, many organizations are seeking to take advantage of the Electronics Component Manufacturing Scheme. This ₹22,919 crore initiative aims to develop a robust ecosystem for PCBs, camera modules, and other components.

This initiative will be the state’s first major venture. It supports the government’s efforts to set up a new manufacturing cluster in Thoothukudi. As the plant is near the upcoming VinFast EV plant, it is likely to bring about synergy between electric vehicle supply chains and electronics manufacturing.

“This is big for Tamil Nadu and will provide a fillip to the state’s electronics manufacturing ambitions,” one of the persons said. “Like Tamil Nadu brought (Vietnamese electric carmaker) VinFast for the auto sector to Thoothukudi, Kaynes’ new unit is going to be an anchor investment that will help with the establishment of a new electronics manufacturing cluster in the deep South.” He further said, “This argument that India is only focusing on assembly is being debunked because this investment shows that Tamil Nadu is moving beyond just assembly to high-end component manufacturing. “

As of now, Kaynes Technology India Ltd. has not yet responded to the queries sent by email.

“The proposed Kaynes facility, near the upcoming VinFast EV manufacturing plant, bolsters Thoothukudi’s potential to emerge as a complete end-to-end automotive and electronics hub – seamlessly integrating advanced electronics manufacturing with electric vehicle (EV) production,” said Prabhu Ram, vice president, industry research group at CyberMedia Research.