ENA State 2025-09-29 17:00:51 <p><span style="font-size:14px"><strong>Gujarat, Sep 29 (KNN)</strong> UST, a global AI and technology transformation solutions firm, has announced a strategic investment in Kaynes Semicon, an Indian semiconductor manufacturer, to establish a Rs 3,330 crore semiconductor manufacturing facility in Gujarat.</span></p> <p><span style="font-size:14px">The project, scheduled to come up in Sanand, will function as an OSAT (Outsourced Semiconductor Assembly and Test) unit.</span></p> <p><span style="font-size:14px">In a statement issued on Monday (September 29, 2026), UST highlighted the significance of the collaboration in strengthening Indias semiconductor ecosystem. This ambitious partnership between UST and Kaynes Semicon will help shape the future of semiconductor manufacturing in India.</span></p> <p><span style="font-size:14px">Together, our two great companies will harness the strengths of the Indian market and build a formidable foundation for the country to become a key player in the global semiconductor industry, said Krishna Sudheendra, Chief Executive Officer, UST.</span></p> <p><span style="font-size:14px">Kaynes Semicon also underlined the value of the tie-up. Our partnership with UST brings together world-class manufacturing and digital engineering expertise.</span></p> <p><span style="font-size:14px">This enables Kaynes Semicon to deliver advanced OSAT solutions while strengthening Indias self-reliant semiconductor ecosystem, said Raghu Panicker, CEO of Kaynes Semicon Private Limited.</span></p> <p><span style="font-size:14px">The companies noted that the investment will not only boost semiconductor assembly and testing capabilities but also support emerging sectors such as electronics, electric vehicles (EVs), renewable energy, and consumer technology.</span></p> <p><span style="font-size:14px">USTs global presence and established semiconductor client base are expected to open up opportunities for new customers to access India-based assembly and testing.</span></p> <p><span style="font-size:14px">Additionally, the partnership will leverage USTs expertise in digital engineering, AI-driven process improvements, and real-time data analytics to ensure scalability, reliability, and cost efficiency.</span></p> <p><span style="font-size:14px">The facility at Sanand marks a significant step towards Indias vision of becoming a global semiconductor hub while reducing dependence on imports.</span></p> <p><em><strong><span style="font-size:14px">(KNN Bureau)</span></strong></em></p> 43662 https://knnindia.co.in/news/newsdetails/state/ust-and-kaynes-semicon-to-set-up-rs-3330-crore-semiconductor-facility-in-gujarat 2025-09-29 17:00:51 knnindia.co.in