Kaynes Tech may shift production to US, Canada to ease tariff pressure
Bengaluru-based electronics manufacturer Kaynes Technology may shift some of its products in the US and Canada to mitigate the impact of American tariffs.
Speaking to TNIE, Jairam Sampath, Chief Financial Officer of Kaynes, said the company is dealing with the US tariff situation in two ways — first, by absorbing additional costs wherever possible, and second, by transferring part of its production to North America.
