- Business
- Kaynes Technology India Limited (KAYNES.BO), an end-to-end and IoT solutions-enabled integrated electronics manufacturer, provides conceptual design, process engineering, integrated manufacturing, and life-cycle support across automotive, industrial, aerospace and defence, outer-space, nuclear, medical, railways, Internet of Things, information technology, and other segments. The company offers original equipment manufacturing turnkey solutions including printed circuit board assemblies, cable harness, magnetics, plastics, and complex box builds from prototyping to mass production; original design manufacturing services in smart metering technology, intelligent street lighting, brushless DC technology, inverter technology, gallium nitride-based charging, and IoT solutions for smart consumer devices; product design and engineering encompassing embedded design, firmware and software development, mechanical design, prototyping, and regulatory support; IoT solutions with hardware, software accelerators, proprietary sensors, cloud platforms for asset tracking, remote device management, and smart product development; cable harness manufacturing; automated test equipment and functional testers; and third-party repairs including obsolescence management and re-engineering. Founded in 1988 and headquartered in Mysore, Karnataka, India, Kaynes operates eight manufacturing facilities across Karnataka, Haryana, Himachal Pradesh, Tamil Nadu, and Uttarakhand, plus service centers in Cochin and Mumbai, with exports to 21 countries including North America, Europe, and Southeast Asia; it maintains subsidiaries such as Kemsys Technologies for IoT, Kaynes International Design & Manufacturing for HVAC controllers, and Kaynes Technology Europe for consultancy, alongside a wholly-owned Singapore subsidiary Kaynes Holding Pte. Ltd. Recent developments include a USD 1.03 million investment in Kaynes Holding Pte. Ltd. in June 2025 to expand its global electronics system design and manufacturing footprint; a 54% stake acquisition in Sensonic GmbH in December 2024 via its Singapore arm to bolster railway safety and signalling with AI-driven fibre optic sensing; a July 2025 announcement to invest Rs 438 million for 76% stakes in Aerocaliph Components and Cryo Precision Technologies plus 11.3% in Tranzmeo IT Solutions to strengthen aerospace & defence manufacturing and deep-tech sensing; the acquisition of Iskraemeco India Pvt. Ltd. for Rs 49.3 crore to enhance smart metering design, edge analytics, and system integration; aggressive capex for an OSAT facility in Sanand, Gujarat (Rs 3,300 crore+ with 70% government subsidy, pilot operational and commercial production from Q4 FY26 targeting 6.3 million chips daily for industrial, automotive, and consumer applications, anchored by clients like Alpha & Omega Semiconductor, L&T Semiconductor, and Infineon) and a multi-layer/HDI PCB plant in Chennai (Rs 1,400 crore with 65% subsidy, capacity of 330,000 sqm HDI and 1,050,000 sqm multi-layer annually, operations from January 2026); partnerships such as with Infineon for Made-in-India MEMS microphones, a five-year deal with Alpha & Omega for 60% first-phase OSAT output, and Fujitsu General power modules business transfer via L&T Semiconductor; and a dedicated 4 million smart meters annual capacity facility launched in September 2024 with orders from Gujarat, Kerala, and West Bengal, alongside entry into India's Kavach train collision avoidance system.