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60-year-old from Mysore becomes a billionaire after supplying parts to Chandraayan-3

  • India becomes the fourth country to land on the moon's south pole, achieving this milestone with Chandrayaan-3.
  • Billionaire and Kaynes Technology founder, Ramesh Kunhikannan, supplied electronic systems crucial to Chandrayaan-3's rover and lander.
  • Kaynes' shares, already tripled since November 2022, surged 40% post the moon mission, elevating Kunhikannan's net worth to $1.1 billion.
  • The company, a beneficiary of the "Make in India" program, sees significant revenue growth, tripling from $49 million in FY 2020 to an expected $208 million in FY 2024.

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