UST in partnership with Kaynesto invest3,330 crore for semiconductormanufacturing unit in Gujarat

UST, an AI and know-how transformation options agency, introduced a strategic funding in Kaynes Semicon, an Indian semiconductor producer to arrange a ₹3,330 crore Semiconductor Manufacturing facility in Gujarat. “This shall be an OSAT (Outsourced Semiconductor Assembly and Test) facility scheduled to return up at Sanand,” stated UST in an announcement on Monday (September 29, 2026).

“This bold partnership between UST and Kaynes Semicon will assist form the way forward for semiconductor manufacturing in India. Together, our two nice corporations will harness the strengths of the Indian market and construct a formidable basis for the nation to develop into a key participant within the world semiconductor business,” stated Krishna Sudheendra, Chief Executive Officer, UST.

“Our partnership with UST brings collectively world-class manufacturing and digital engineering experience. This permits Kaynes Semicon to ship superior OSAT options whereas strengthening India’s self-reliant semiconductor ecosystem,” stated Raghu Panicker, Chief Executive Officer, Kaynes Semicon Private Limited.

According to the discharge, the funding association lays the muse for better collaboration between the 2 companies as they work collectively to energy the following period of electronics and Electric Vehicles (EVs), renewables, and client know-how.

“UST’s worldwide presence and current semiconductor shopper base made it a useful associate for Kaynes Semicon, creating alternatives for brand spanking new prospects to leverage the advantages of Indian meeting and testing,” UST stated.

“The partnership can even benefit from UST’s digital engineering, AI-driven course of enhancements, and real-time information evaluation, that are all important for scale, reliability, and avoiding hidden prices,” it additional stated.