(Reuters) -Kaynes Technology India 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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Kaynes Tech unit to invest $570 million in India’s Tamil Nadu state
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(Reuters) -Kaynes Technology India 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)
(Reporting by Hritam Mukherjee in Bengaluru)