India, Aug. 4 -- Electronics manufacturer Kaynes Technology India Ltd's subsidiary Kaynes Circuits India is reportedly planning to set up an electronics manufacturing facility in Tamil Nadu's Thoothukudi, with an investment of INR 4,995 Cr ($572 Mn).

The facility would engage in the production of 74-layer PCB, flexible PCB, HDI PCB, high-performance laminates, camera module assembly and wire harness assembly, ET reported, citing sources familiar with the matter.

"This is big for Tamil Nadu and will provide fillip to the state's electronics manufacturing ambitions," a source was quoted as saying.

Inc42 has reached out to Kaynes for comments on the development. The story will be updated based on the response.

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