Ramesh Kunhikannan included in Forbes Billionaires list for the first time: Had supplied electronic system for Chandrayaan 3, net worth reached ₹ 10 thousand crores

Ramesh Kunhikannan included in Forbes Billionaires list for the first time: Had supplied electronic system for Chandrayaan 3, net worth reached ₹ 10 thousand crores

Ramesh Kunhikannan, founder and director of electronics manufacturer Kaynes Technology, has been included by Forbes in its Billionaires List 2024 for the first time this year. He is at number 2481 in this list with a net worth of 1.2 billion dollars (about ₹ 10 thousand crores). With this, Keynes has joined the list of the world’s richest people, which includes Elon Musk, Mukesh Ambani, Gautam Adani and Jeff Bezos among others. 60-year-old Kunhikannan got billionaire status in August 2023 after the success of Chandrayaan 3. Kunhikannan played a key role in supplying electronic systems to Chandrayaan Ramesh Kunhikannan played a key role in India’s Chandrayaan-3 mission by supplying electronic systems to power both Chandrayaan’s rover and lander, which will reach the Moon in August 2023. Contributed to the successful landing of the mission on the surface of. The ISRO-led Chandrayaan-3 mission had a budget of approximately ₹615 crore. Kunhikannan holds 64% stake in Kynes Technology and after the success of Chandrayaan-3, the company’s shares have increased by more than 50%. Kunhikannan founded Kaynes Technology in 1988. Kunhikannan has a bachelor’s degree in electrical engineering from the National Institute of Engineering, Mysore. He founded Kaynes Technology in 1988 for electronics manufacturing. His wife Savita Ramesh joined the company in 1996 and now serves as its chairperson.

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