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India's Lunar Triumph Kaynes Technology Billionaire Propels Chandrayaan-3 to South Pole - Business Byte

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India's Lunar Triumph Kaynes Technology Billionaire Propels Chandrayaan-3 to South Pole - Business Byte

Indian entrepreneur Ramesh Kunhikannan, founder of Kaynes Technology, played a significant role in the success of India's Chandrayaan-3 mission, which successfully landed on the moon's south pole. Kunhikannan's company provided electronic systems for the mission's rover and lander, showcasing its technological capabilities and contribution to India's space exploration efforts. The achievement propelled Kaynes Technology's stocks to surge by 40%, increasing Kunhikannan's net worth to $1.1 billion. The company's participation in India's "Make in India" program, aimed at boosting indigenous manufacturing, has been instrumental in its success. The Chandrayaan-3 mission is expected to lead to a substantial increase in Kaynes Technology's revenue, solidifying its position in India's tech landscape.

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