Kaynes Technology India Limited 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 Registrar of the Companies, Karnataka at Bangalore (RoC). Subsequently, the name of the Company was changed to ‘Kaynes Technology India Limited’ upon conversion of the company into a public limited company pursuant to a special resolution passed by company’s 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.
The company is an end-to-end and IoT solutions enabled integrated electronics manufacturing player, having capabilities across the entire spectrum of electronics system design and manufacturing (ESDM) services. It has experience in providing conceptual design, process engineering, integrated manufacturing and life-cycle support for major players in the automotive, industrial, aerospace and defence, outer-space, nuclear, medical, railways, Internet of Things (IoT), Information Technology (IT) and other segments.
The company operates eight strategically located manufacturing facilities across India in the states of Karnataka, Haryana, Himachal Pradesh, Tamil Nadu, and Uttarakhand. Its facilities are located in proximity to its customers, allowing it to service their requirements efficiently and cost-effectively. Certain of its manufacturing facilities are approved under the Electronics Hardware Technology Park Scheme of Software Technology Park of India, Bengaluru and 100% Export Oriented Unit Scheme of Madras Export Processing Zone, Chennai, Tamilnadu that offer incentives similar to a special economic zone. The company lays significant emphasis on research and development. This has enabled it to address its consumers’ diverse needs, enhance existing products with emerging technologies, introduce new and innovative products in the market, enhance existing products with emerging technologies, and optimize costs across its products through value analysis and value engineering. It has a dedicated research and development facility located within its facility at Mysuru, Karnataka - Unit - I.
Business area of the company
The company undertakes “Build To Print” or “Build to Specifications” of complex box builds, sub-systems and products across various industry verticals. It undertake turnkey electronics manufacturing services of PCBAs, cable harness, magnetics and plastics ranging from prototyping to product realization including mass manufacturing. It offer ODM services in smart metering technology, smart street lighting, brush less DC (BLDC) technology, inverter technology, gallium nitride based charging technology and providing IoT solutions for making smart consumer appliances or devices IoT connected. It offers conceptual design and product engineering services in industrial and consumer segments.
The company’s services include PCB cladding or electrical schematics to embedded design and submitting proof of concept to prototyping. It also offer connected product engineering and solutions. It has a portfolio of hardware, software accelerators and proprietary sensors along with cloud platform based service and solution offerings in asset tracking, remote device management and smart product development. Its digital engineering offerings leverage latest technologies including IoT, big data, machine learning, cloud and media to improve customers’ efficiency. It also provide end-to-end IoT and cloud enablement solutions and offer IoT data and analytics platform and vertical IoT solutions.
Key Awards, Accreditations and Recognition
- 2005-2006: State Export Excellence Award, Government of Karnataka presented by the Visvesvaraya Industrial Trade Centre.
- 2007-2008: State Export Excellence Award, Government of Karnataka presented by the Visvesvaraya Industrial Trade Centre.
- 2007: Special recognition Award “National Award - 2007 for outstanding entrepreneurship efforts” by Ministry of Micro, Small and Medium Enterprises, Government of India.
- 2013: Plaque of honour for outstanding achievements in manufacturing and corporate social responsibility by the Mysore District Parents association for empowering developmentally disabled.
- 2014: Platinum Award for being rated as the highest scoring SMEs in India by the SKOCH Group.
- 2014: SKOCH merit certificate for qualifying amongst India’s Best SMEs by the SKOCH-2014 Group.
- 2015: Award for Best Electronics Manufacturing Company at the IESA- Technovation Awards by India Electronics & Semiconductor Association.
- 2015- 2016: Award for High Growth in Electronic Hardware Exports - Tier II & III region at the STPI Export Awards 2015-2016 by Software Technology Parks of India.
- 2016: Make in India -Emerging Entrepreneur Award by India Today Group.
- 2016: Excellence Award by NCQC, Raipur Quality Circle Forum of India.
- 2017-2018: Export Excellence Award for highest exports in electronics hardware sector presented by Ministry of Commerce & Industry, Government of India.
- 2018: First Prize (MSE) in the Excellence in Manufacturing component at the Elcina defEnnovation Awards.
- 2018: Winner at the Hand Soldering Competition by IPC India.
- 2018: Award for Entrepreneur of the Year (Trendsetter-Manufacturing) by CII Connect.
- 2018: ELCINA defEnnovation Award for Excellence in Manufacturing - Components, MSME Category by Elcina.
- 2022: ELCINA defEnnovation Award for Excellence in Manufacturing - Product (large scale).
Major events and milestones
- 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 exporting operations.
- 2004: New unit in Himachal Pradesh for resale of printed circuits board assemblies.
- 2006: Established manufacturing facility (micro enterprise) in Uttarakhand.
- 2006: 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 Company.
- 2008: Established Subsidiary, Kaynes Technology Europe GmbH, a limited liability corporation at Hunenberg, Switzerland.
- 2008: 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.
- 2009: Expanded 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.
- 2010: Established a unit at Bengaluru, Karnataka, India.
- 2010: 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 products to Australia and Malaysia.
- 2016: Established manufacturing facility in Manesar, Gurugram, Haryana, India.
- 2016: 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.
- 2021: 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).