Kaynes Electronics Manufacturing (KEMPL), a subsidiary of Kaynes Technology India will establish an advanced electronics manufacturing unit in Bhopal with an investment of Rs 352 crore under the Madhya Pradesh Semiconductor Policy 2025.

The upcoming facility, located at Badwai IT Park, will span five acres and is expected to create over 1,000 employemnt opportunities Commercial production is set to commence by mid-2026, the company said in an official statement. The plant will house Surface Mount Technology (SMT) lines to produce high-precision electronic assemblies and finished products for industries including automotive, aerospace, defence, medical, industrial, IoT, and space technology. "This will be Kaynes’ first major unit in Central India, complementing our existing eight facilities nationwide," said Raghu Panicker, CEO of Kaynes Technology India Ltd.

The Department of Science and Technology of Madhya Pradesh, through its Centre for Collaborative Industrial Partnerships (CCIP), facilitated the project to strengthen the state’s semiconductor ecosystem. Additional Chief Secretary Sanjay Dubey noted that the investment reflects growing industry confidence in Madhya Pradesh’s proactive semiconductor policy.