Kaynes & UST Join Hands for Major Semiconductor Plant

Kaynes Semicon Private Limited on Monday said it has formed a strategic tie-up with UST, a leading global AI and technology transformation solutions company, to establish a Rs.3,330 crore Outsourced Semiconductor Assembly and Test (OSAT) facility in Sanand, Gujarat.

“This bold collaboration between UST and Kaynes Semicon will determine the future of semiconductor manufacturing in India. Our two great organisations will join forces to leverage the strengths of the Indian market and create a powerful foundation for the nation to become a major player in the global semiconductor industry," added Krishna Sudheendra, Chief Executive Officer, UST.

The new factory, as reported by Kaynes Semicon, will be a hub for sophisticated assembly and testing of semiconductors for electronics, Electric Vehicles (EVs), renewables, and consumer tech.

Key highlights:

Kaynes Semicon teams up with UST to set up a state-of-the-art Outsourced Semiconductor Assembly and Test (OSAT) plant in Sanand
The partnership combines world-class manufacturing with UST’s digital engineering, AI-driven processes and global client base
The new facility will serve electronics, EVs, renewable energy and consumer tech, strengthening India’s role in the global semiconductor supply chain

Raghu Panicker, CEO at Kaynes Semicon, said the partnership is a milestone for India's self-reliant semiconductor ecosystem. "Our partnership with UST combines world-class manufacturing and digital engineering capabilities. This allows us to provide cutting-edge OSAT solutions while enhancing India's self-reliant semiconductor ecosystem," he added.

Also Read: India's Strategic Role in the Global Semiconductor Supply Chain

UST's global footprint and existing semiconductor customer base will make available new customers to tap into Indian assembly and testing, the firms added. "The partnership will also leverage UST's digital engineering, artificial intelligence-driven process optimization, and real-time analytics, all of which are critical to scale, dependability, and avoiding unbilled costs," UST added.

Kaynes Semicon stated the investment provides a solid foundation for long-term partnership, pushing India's plans to become an integral node in the worldwide semiconductor supply chain.