Kaynes Technology

One More Semiconductor Unit Has Been Approved by the Cabinet as Part of the India Semiconductor Mission

Cabinet Approves New Semiconductor Unit Under India Semiconductor Mission

Ashwini Vaishnaw, the Minister of Electronics and Information Technology, announced on 2 September 2024 that the cabinet had given its approval to a proposal put out by Kaynes Semicon to establish a semiconductor unit in Sanand, Gujarat, with an investment of INR 3,307 crore (exactly $394.15 million). Under

Kaynes Purchases Land in Gujarat to Construct a Semiconductor Unit

Kaynes Technology, an Electronics manufacturing services provider, has bought some property in Sanand, Gujarat, to establish an OSAT (outsourced semiconductor assembly and test) unit. In order to fund its chip project, the corporation intends to spend around INR 5,000 crore. This is a major milestone since Kaynes, via its