New Delhi: UST, a global provider of AI and technology transformation solutions, has announced a strategic investment in Kaynes Semicon, the semiconductor arm of Kaynes Technology India Ltd, aiming at strengthening India’s position as a semiconductor hub while expanding opportunities in electronics, electric vehicles (EVs), renewable energy and consumer technology.
The collaboration is expected to establish a world-class Outsourced Semiconductor Assembly and Test (OSAT) facility in Sanand, Gujarat, with an estimated investment of Rs 3,300 crore.
OSAT, a relatively nascent segment in India, involves packaging and testing semiconductor chips for global markets. The venture combines Kaynes’ manufacturing expertise with UST’s capabilities in digital engineering, AI-driven process optimisation and real-time data analysis to deliver scalable and reliable solutions while reducing hidden costs.
UST CEO Krishna Sudheendra said the alliance will “help shape the future of semiconductor manufacturing in India,” while the COO Gilroy Mathew noted it would accelerate the development and assembly of advanced components to meet rising global demand.
Meanwhile, Kaynes Semicon CEO Raghu Panicker added that UST’s digital engineering strengths will enable advanced OSAT solutions and Ramesh Kannan, Executive Vice Chairman of Kaynes Technology, called the collaboration a benchmark-setting step for India’s semiconductor ecosystem.
The partnership with UST is expected to create new opportunities for international customers to benefit from India-based assembly and testing, reinforcing the country’s long-term goals of self-reliance and next-generation technology leadership.
