THOOTHUKUDI, TAMI NADU – Kaynes Circuits India has announced an investment of ₹4,995 to establish an electronic component manufacturing facility in Thoothukudi, Tamil Nadu. This will be the state’s first major foray into high-end PCB production.
The facility will produce advanced 74-layer PCBs, HDI and flexible boards, high-performance laminates, camera modules and wire harness assemblies. Projected to create around 4,700 jobs, the plant will develop Thoothukudi as a hub for electronics and electric vehicles, situated near VinFast’s upcoming EV plant.
Industry experts say this anchor investment reflects a larger shift in India’s electronics strategy, moving from assembly toward deep-tech component manufacturing. It also aligns with the country’s growing component production initiatives under the government’s ₹22,919 scheme.