billionaire status: Electronics supplier to India's lunar triumph propels 60-yr old electrical engineer to billionaire status
India's Chandrayaan-3 moon landing marked by Kaynes Technology's pivotal role propelled Ramesh Kunhikannan, an electrical engineer and founder, into billionaire status. Supplying crucial electronic systems for the mission, Kaynes witnessed a 40% surge in shares, elevating Kunhikannan's net worth to $1.1 billion. With exponential revenue growth and plans for a $340 million semiconductor unit, Kaynes stands poised amid India's burgeoning electronics market.
Source: indiatimes.com