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Kaynes Technology India’s arm gets Cabinet nod to setup semiconductor unit in Gujarat

03 Sep 2024 Evaluate

Kaynes Technology India’s wholly owned subsidiary -- Kaynes Semicon has received approval from Union Cabinet to setup a semiconductor unit at Sanand, Gujarat. The proposed unit will be setup with an investment of Rs 3,307 crore. The capacity of this unit will be to Assemble, Test, Mark and Packing of 60 lakh chips per day. The chips produced in this unit will cater to a wide variety of applications which include segments such as industrial, automotive, electric vehicles, consumer electronics, information technology, telecom, mobile phones, etc.

Kaynes Technology India (KTIL) is an end-to-end and IoT solutions enabled integrated electronics manufacturing player, having capabilities across the entire spectrum of electronics system design and manufacturing (ESDM) services.

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