Kaynes Technology Expects FY27 Growth to Beat EMS Sector
Chennai-based Kaynes Technology India anticipates its fiscal year 2027 growth will surpass the broader Electronic Manufacturing Services (EMS) industry, according to Managing Director Dr. Muthukumar Narayanaswamy. The company expressed continued confidence in its ability to maintain a faster growth trajectory.
Dr. Narayanaswamy highlighted several factors underpinning this optimistic outlook. These include significant expansions to the company's manufacturing capacity, ongoing development of advanced technology capabilities, and a robust product pipeline currently in development. Kaynes Technology has been strategically investing in these areas to strengthen its position within the competitive EMS landscape.
The EMS sector in India is experiencing substantial growth, driven by increasing demand for electronics across various industries, including automotive, industrial, consumer electronics, and telecommunications. Government initiatives such as the Production Linked Incentive (PLI) scheme are also boosting domestic electronics manufacturing and attracting investments. Kaynes Technology, as a leading Indian EMS provider, is well-positioned to capitalize on these opportunities. The company's focus on technological advancement and capacity building is expected to contribute significantly to its continued success in the coming years, allowing it to outperform the industry average.
