IT and MA&UD Minister KT Rama Rao has announced that Kaynes Technology will be establishing a facility in Telangana with a massive investment of 2800 crore, which will create 2000 jobs.
KTR shared the news on his Twitter handle, expressing his delight in welcoming Kaynes Technology for setting up their OSAT & Compound Semiconductor manufacturing facility in Telangana. He also mentioned that this investment will generate 2000 job opportunities. He stated that this is a proud moment for Telangana as it joins the league of coveted global destinations that host the semiconductor industry.
KTR further added that recent investments from global leaders like Foxconn and Corning have solidified Telangana as the preferred destination for electronics manufacturing.
