Global Sourcing Spotlight: Finding the Balance Between Cost and Quality
Knocking Down the Bone Pile: Best Practices for Electronic Component Salvaging
Global Citizenship: Together for a Perfect PCB Solution
UST, Kaynes Semicon Partner to Set Up Rs 3,330 Crore Joint Venture for Semiconductor Manufacturing in India
September 30, 2025 | PRNewswireEstimated reading time: 2 minutes
UST, a leading AI and technology transformation solutions company, has announced a strategic investment in Kaynes Semicon, a prominent Indian semiconductor manufacturer. The investment arrangement lays the foundation for greater collaboration between the two firms as they work together to power the next era of electronics and Electric Vehicles (EVs), renewables, and consumer technology. Furthermore, the partnership advances India's ambition to become a leading semiconductor hub, promoting quality, reliability, and local value, while providing advanced solutions globally.
UST's worldwide presence and existing semiconductor client base make it a valuable partner for Kaynes Semicon, creating opportunities for new customers to leverage the benefits of Indian assembly and testing. The partnership will also take advantage of UST's digital engineering, AI-driven process improvements, and real-time data analysis, which are all essential for scale, reliability, and avoiding hidden costs.
Guided by the 'Make in India' growth strategy, this collaboration comes as India's semiconductor industry continues to mature, moving toward its long-term goals of self-reliance and next-generation technology leadership. The two leaders in electronics and engineering will further these efforts by establishing a Rs 3,300 crore world-class OSAT (Outsourced Semiconductor Assembly and Test) facility in Sanand, Gujarat. OSAT remains relatively new in India, and its successful development requires a combination of Kaynes' experience in the sector and UST's strengths in R&D and testing.
"This ambitious partnership between UST and Kaynes Semicon will help shape the future of semiconductor manufacturing in India. We are proud to participate in the 'Make in India' initiative. Together, our two great companies will harness the strengths of the Indian market and build a formidable foundation for the country to become a key player in the global semiconductor industry," said Krishna Sudheendra, Chief Executive Officer, UST.
"Kaynes Semicon is built around the same values as UST, and I am excited to strengthen ties between our two great companies. Together, we will collaborate to meet rising global demand by accelerating the development, manufacturing, and assembly of advanced semiconductor components in India," said Gilroy Mathew, Chief Operating Officer, UST.
"Our partnership with UST brings together world-class manufacturing and digital engineering expertise. This enables Kaynes Semicon to deliver advanced OSAT solutions while strengthening India's self-reliant semiconductor ecosystem," said Raghu Panicker, Chief Executive Officer, Kaynes Semicon Private Limited.
"Kaynes Semicon's collaboration with UST is a proud milestone for the 'Make in India' mission. Together, we are creating a platform that will set benchmarks for semiconductor assembly, testing, and innovation, not just for India but for the global market," said Ramesh Kannan, Promoter & Executive Vice Chairman, Kaynes Technology India Limited.
Share on:
Testimonial
"We’re proud to call I-Connect007 a trusted partner. Their innovative approach and industry insight made our podcast collaboration a success by connecting us with the right audience and delivering real results."
Julia McCaffrey - NCAB GroupSuggested Items
European Semiconductor Industry Endorses Semicon Coalition's Call for Revised EU Chips Act - Cloned
09/30/2025 | SEMISEMI Europe, along with over 75 semiconductor and microelectronics companies, research and technology organizations (RTOs) and trade associations, officially endorse the Declaration of the Semicon Coalition.
SEALSQ, Kaynes SemiCon Announce Joint Venture to Establish India's First Secure Semiconductor Center
09/30/2025 | Globe NewswireSEALSQ Corp, a company that focuses on developing and selling Semiconductors, PKI, and Post-Quantum technology hardware and software products,, a subsidiary of WISeKey International Holding AG , a global leader in cybersecurity, digital identity, and IoT solutions platform, announced the signing of a Term Sheet with Kaynes SemiCon to form a Joint Venture company, SEALKAYNESQ Ltd, to be established in India.
Space Forge Inc. and United Semiconductors LLC Partner to Develop the Supply Chain for Space-grown Semiconductor Materials
09/29/2025 | Space Forge Inc.Space Forge Inc., the advanced materials company revolutionizing semiconductor manufacturing in space, has announced the signing of a strategic Memorandum of Understanding (MoU) with United Semiconductors LLC, a leading specialist in bulk crystal growth of III-V semiconductor compounds. The agreement formalizes the ongoing collaborative efforts that started over a year ago, marking a significant step forward in strengthening the partnership between the two companies.
Koh Young to Showcase Semiconductor Metrology and Advanced Packaging Inspection Solutions at iMAPS 2025 in San Diego
09/25/2025 | Koh Young TechnologyKoh Young Technology, the global leader in True 3D measurement-based metrology and inspection solutions, will make its first appearance at iMAPS 2025, the premier event for microelectronics and advanced packaging, taking place September 29 through October 2, 2025 in San Diego.
proteanTecs Announces Silicon-Proven IP on TSMC's Advanced N2P Process
09/25/2025 | BUSINESS WIREproteanTecs®, a global leader in advanced analytics for semiconductor health and performance monitoring, announced the successful silicon-proven validation of its innovative IP-based health and performance monitoring technology at TSMC’s industry-leading 2nm (N2P) process node.