Kaynes Technology India Ltd. Company History and Annual Growth Details

The Company was incorporated on March 28, 2008 at Mysore, Karnataka as a private limited company under the Companies Act, 1956, with the name ‘Kaynes Technology India Private Limited’ pursuant to a certificate of incorporation granted by the RoC. Subsequently, the name of the Company was changed to ‘Kaynes Technology India Limited’ upon conversion of the Company into a public company pursuant to a special resolution passed by the Shareholders on March 24, 2022 and the fresh certificate of incorporation was issued by the RoC consequent upon change of name on conversion to public limited company on March 31, 2022.

Major events and milestones of the Company :

1988

- Established as a manufacturing enterprise

1995

- Obtained ISO 9001:2000 certification for printed circuit board assemblies and electronic manufacturing services.

2000

- Obtained approval for setting up of 100% hardware export oriented unit under the electronic hardware technology park scheme of government of India for manufacture of populated printed circuit boards

2001

- Commenced the exporting operations

2004

- New unit in Himachal Pradesh for resale of printed circuits board assemblies

2006

- Established manufacturing facility (micro enterprise) in Uttarakhand

- Entered into memorandum of understanding with NS-SBU Bharat Electronics Limited, Bengaluru for contract manufacturing of PCB assemblies, modules and sub-units

2008

- Incorporation of the Company

- Established the Subsidiary, Kaynes Technology Europe GmbH, a limited liability corporation at Hunenberg, Switzerland

- Takeover of Kaynes Technology, a Proprietorship firm of Ramesh Kunhikannan, by the Company

2009

- Established unit in Chennai for undertaking services related to solenoids, electromagnetic relays, inductors, transformers and electro mechanical parts

- Expanded the customer base in Europe in line of the purchase orders received.

2010

- Received Industry Vertical Specific Quality Management System Certifications for manufacturing and servicing of populated printed circuit boards, electromechanical assemblies and transformer for electronic assemblies

- Established a unit at Bengaluru, Karnataka, India

- Received Industry Vertical Specific Quality Management System Certifications for manufacturing and servicing of populated printed circuit boards, electromagnetic assemblies and cable harness for electronic assemblies for aerospace application

2011

- Received Industry Vertical Specific Quality Management System Certifications for the custom manufacture of populated printed circuit board assemblies, electromechanical assemblies and Patient Monitoring Systems

2012

- Established manufacturing facility in Mysore, Karnataka, India

2013

- Commenced exporting of the products to Australia and Malaysia

2016

- Established manufacturing facility in Manesar, Gurugram, Haryana, India

- Collaboration with Qualcomm Technologies Incorporation for design and manufacturing of software tools and hardware tools for various devices

2020

- Impetus towards embedded system, design and IOT solutions and design skills enhancement

2021

- Commenced exporting of sensor electric assembly to Phoenix, Arizona

- Growth in aerospace, defence, power electronics and expansion into consumer electronics

2022

- Received approval under the Production Linked Incentive Scheme for White Goods (Air Conditioner and LED Lights)