Karnataka’s government approved Kaynes Technology’s Rs 495 crore investment in the Chamarajanagar district.
The State Level Single Window Clearance Committee (SLSWCC) authorized the proposal as part of 55 new industrial projects.
This investment aligns with the state’s Beyond Bengaluru initiative to industrialize regions outside the capital.
The project will strengthen the company's electronics manufacturing presence and generate substantial regional employment.
This development follows the company’s recent efforts to secure orders from Japanese chipmakers.