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The Minister of Information Technology, Electronics, and Communications (ITE&C) and Industries, K T Rama Rao, held a meeting with Ramesh Kunhikannan, the Managing Director, and Savitha Ramesh, the Chairperson of Kaynes, to announce the establishment of their facility in the state.
Expressing enthusiasm about the collaboration, Kunhikannan stated, ?We are thrilled to partner with the Government of Telangana for our esteemed OSAT/ATMP plant in Hyderabad. The efficiency and dedication demonstrated by Team Telangana are unparalleled and truly commendable.?
Minister Rama Rao proudly declared this moment as a significant milestone for Telangana, as it joins the ranks of esteemed global hubs hosting the semiconductor industry. He highlighted, ?Telangana?s status as the preferred destination for electronics manufacturing has been further bolstered by recent investments from industry leaders like Foxconn and Corning.?
Source: BQ Prime
Key features include the development of five new industrial parks dedicated to MSMEs, with one park exclusively for women-owned businesses and another for innovative startups.
Read moreThe current team of 220 engineers in Hyderabad is set to grow to over 500 in the next five years, as the company expands its capabilities in line with increasing demand.
Read moreThe new facility will have a production capacity of 6 million chips per day, catering to diverse industries such as automotive, electric vehicles, consumer electronics, telecom, and mobile phones.
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INDUSTRIAL PRODUCTS FINDER (IPF) is India’s only industrial product portal. Referred to as the ‘Bible’ of the manufacturing sector in India,
INDUSTRIAL PRODUCTS FINDER (IPF) is India’s only industrial product portal. Referred to as the ‘Bible’ of the manufacturing sector in India,
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