India on Wednesday created history by becoming the first nation to land a spacecraft, Chandrayaan3, near the south pole of the moon The success of India s third lunar mission makes it only the fourth country to achieve the milestone after the US, Russia and China.
The Karnataka government has launched a deep tech cluster seed fund of INR 25 Cr to nurture startups specialising in deep tech and AI Having recently approved the cybersecurity policy, the state is also preparing a white paper outlining an ethical framework for governing.
Bengaluru Is A Global AI Hub: Karnataka IT Minister Priyank Kharge – INC 42 Read More »
In a regulatory filing, the firm stated, “The company entered into MoU with Government of Karnataka (Electronics, IT and BT Department) for an investment of Rs 3,750 crore to setup semiconductor assembly & testing (OSAT) facility and printed circuit board (PCB) manufacturing plant through its step down subsidiaries.”
Kaynes Technology hits record high on inking MoU with Karnataka Govt – Capital Market Read More »
Shares of Kaynes Technology India Ltd. hit an all-time high on Friday after it signed a Memorandum of Understanding with the Karnataka government for Rs 3,750 crore. The project involves setting up a semiconductor assembly and testing facility and a printed circuit board manufacturing plant, through the company’s step-down subsidiaries.
Kaynes Technology Shares Surge 15% After Bagging Rs 3,750-Crore Project – BQ Prime Read More »
Kaynes Technology on Thursday, August 24, 2023, announced that it has signed a Memorandum of Understanding (MoU) with Karnataka government to drive innovation. The MoU with Kaynes will put Karnataka in the forefront of OSAT and PCB with an investment of Rs 3,750 crores. It will also help in creating 3,200 jobs by harnessing collective expertise.
Kaynes Technology and the Karnataka IT-BT department has entered into a contract to set up a semiconductor assembly and testing facility (OSAT) in Mysuru. According to a statement from Kaynes Technology, the agreement entails an investment of Rs 3,750 crore to create 3,200 employment opportunities.
Shares Kaynes Technology zoomed 14 per cent to hit a record high of Rs 2,122.85 per share on the BSE in Friday’s intra-day trade after it signed agreement with Government of Karnataka for an investment of Rs 3,750 crore. Kaynes will setup Semiconductor Assembly & Testing (OSAT) facility and Printed Circuit Board (PCB) manufacturing plant through its step down subsidiaries. The stock has surpassed its previous high of Rs 1,908.65 touched on July 26.
Kaynes Technology and the Karnataka IT-BT department has entered into a contract to set up a semiconductor assembly and testing facility (OSAT) in Mysuru. According to a statement from Kaynes Technology, the agreement entails an investment of Rs 3,750 crore to create 3,200 employment opportunities.
Electronics manufacturer Kaynes Technology on Thursday announced plans to set up a semiconductor assembly parts, testing facility and printed circuit board (PCB) unit on the outskirts of Mysuru. The company MD Ramesh Kannan signed an MoU with Industries Commissioner Gunjan Krishna in the presence of Chief Minister Siddaramaiah and IT/BT Minister Priyank Kharge’s presence. The listed company is headquartered in Mysuru.
Chandrayaan-3 supplier plans new electronics unit in Mysuru – The Economic Times Read More »
Also present were Ms. Gunjan Krishna (IAS), Commissioner for Industrial Development and Director, Department of Industries & Commerce, Government of Karnataka, and Mr. Sanjeev Gupta, CEO of KDEM.
Thank you for your interest in joining us for the event.
Registrations are now closed as we have reached full capacity.
