Mumbai, Aug. 5 -- Under the MoU, Kaynes Circuits India proposes to invest approximately Rs 4,995 crore over a period of 6 years for the establishment of manufacturing facilities, including greenfield projects and capacity expansions within Tamil Nadu.

The MoU is intended to explore the financial incentives and industrial policies available under the Government of Tamil Nadu, as well as any structured assistance packages that may support the proposed investment through subsidies and other financial benefits.

The Government of Tamil Nadu, through Guidance, has agreed to provide necessary facilitation and support, including assistance with infrastructure and regulatory clearances, in line with applicable laws and policies.

Kaynes Technolo...