Global AI and technology solutions leader UST has announced a landmark strategic investment in Kaynes Semicon, an Indian semiconductor manufacturing innovator. This collaboration will see the establishment of a cutting-edge ₹3,330 crore (approximately $400 million USD) Outsourced Semiconductor Assembly and Test (OSAT) facility in Sanand, Gujarat.
This ambitious partnership is set to dramatically reshape India’s semiconductor manufacturing landscape. Both companies are committed to leveraging the dynamic Indian market to forge a robust foundation, positioning the nation as a pivotal player in the global semiconductor industry.
This alliance brings together UST’s world-class digital engineering prowess and Kaynes Semicon’s manufacturing expertise. This synergy will enable the delivery of advanced OSAT solutions, significantly strengthening India’s journey towards a self-reliant semiconductor ecosystem.
This substantial investment is more than just a financial commitment; it marks a foundational step for deeper collaboration. The firms aim to collectively power the next generation of innovations across crucial sectors including electronics, electric vehicles (EVs), renewable energy, and consumer technology.
UST’s extensive global footprint and existing client base in the semiconductor sector make it an invaluable partner for Kaynes Semicon, opening doors for new customers to benefit from India’s burgeoning assembly and testing capabilities. Furthermore, the partnership will harness UST’s expertise in digital engineering, AI-driven process enhancements, and real-time data analytics—elements critical for achieving scalability, ensuring reliability, and meticulously managing costs.