The company says the chips produced in this unit will cater to segments like industrial, automotive, electric vehicles, consumer electronics, information technology telecom, and mobile phones
"Today, the Cabinet has approved Kaynes' plant, with a capacity of 6.3 million chips per day," the Union Minister of Electronics & Information Technology says at the press conference.
The ₹858 crore IPO of electronics manufacturer was subscribed 34.16 times, led by QIBs, whose quota was booked 98.47 times
