Over the course of last few years, businesses worldwide have been
presented with a unique opportunity to showcase their resilience. The global economy has
been marred by geopolitical tensions, resulting in challenging economic conditions that
have significantly impacted numerous industries.
Dear Shareholders,
It gives me immense pride as I stand before you today as the
Chairperson of Kaynes Technology India Limited to present our inaugural Integrated Annual
Report as a listed entity.
This momentous occasion marks a significant milestone in our journey
and I consider it a tremendous honour to have the opportunity to provide you all with
valuable insights into our business and our aspirations for the times that await us.
First, I would like to express my sincere gratitude to our esteemed
investors, whose confidence and support have propelled our successful listing. The faith
instilled in our vision has not only validated our endeavours but has also served as a
catalyst for our collective growth. Building upon our strong foundation, we are committed
to enhancing our capabilities and expanding our reach to deliver transformative outcomes
at a greater scale.
Foundation for Excellence
Over the course of last few years, businesses worldwide have been
presented with a unique opportunity to showcase their resilience. The global economy has
been marred by geopolitical tensions, resulting in challenging economic conditions that
have significantly impacted numerous industries. In this demanding operating landscape, it
becomes increasingly imperative for businesses to progress with agility.
We are proud to have built an organisation that thrives amidst
adversity, consistently growing stronger with each challenge we embrace. Our commitment to
fostering enduring relationships with suppliers and clients stands as a cornerstone of our
success. Today, we stand tall with a vast network of over 1,500 suppliers, ensuring
multiple sources for each component and collaborating with specialised dealers in niche
verticals.
Furthermore, our exceptional track record is reflected in the average
12-year relationship we share with our top 10 suppliers. As we move forward, we remain
resolute in our ambition to fortify our supply chain by nurturing and expanding upon these
invaluable partnerships.
Shaping a Sustainable Future
Our well-diversified product portfolio allows us to mark our presence
in several industries, including automotive, industrial, aerospace, defence, outer space
and consumer electronics appliances, medical, railways and IoT/IT. This not only keeps us
insulated from the volatile economic environment but also exposes us to many opportunities
to serve domestic and global markets.
As a leading end-to-end and IoT solutions-enabled integrated
electronics manufacturer, we aspire to march forward with our deep expertise across the
entire spectrum of electronics system design and manufacturing (ESDM) services.
We aim to sustain our accelerated growth trajectory by steadily
building our customer base in the rapidly growing ESDM market.
With a focused outlook towards the future, we are dedicated to seizing
the most promising opportunities in our vicinity. This commitment drives us to continually
upskill ourworkforce and invest in cutting-edge infrastructure, including acquiring newer
licenses, upgrading testing equipment and implementing advanced application software.
Through continual research and development, we ensure that our capabilities remain at the
forefront of technological advancements.
Our superior manufacturing infrastructure empowers us to undertake
complex and high-value product manufacturing across diverse industry verticals, while
offering the flexibility to adapt to variable or custom production volumes.
By repeatedly strengthening our capabilities, we strive to further
maximise our deep technical expertise to elevate our unique value proposition to newer
heights.
Expression of Gratitude
To conclude, I would like to express my sincere gratitude to all our
esteemed stakeholders. As we embark upon a new chapter in our journey, we stand at the
precipice of boundless possibilities, eagerly anticipating the future.
With the invaluable guidance of our esteemed Board of Directors, we are
well poised to embrace any challenges that come our way fearlessly. Moving ahead, we
aspire to play a larger role in shaping the community to which we belong, leaving an
indelible mark in every corner we touch. As we navigate the dynamic landscape of the
technology industry, we remain steadfast in our commitment to delivering lasting value to
our esteemed stakeholders.
With best wishes,
Savitha Ramesh