Articles for tag: Approved, Bold, Gujarat, Kaynes, Move, Plant, Semiconductor, SemiCons

September 2, 2024

Kaynes SemiCon’s Bold Move: New Semiconductor Plant Approved in Gujarat

The Indian government has approved the establishment of a new semiconductor assembly and test (OSAT) plant by Kaynes SemiCon, marking the fifth such facility in the country. Led by CEO Raghu Panicker, this project will be located in Sanand, Gujarat, with a substantial investment of Rs 3,307 crore. In an interview, Panicker shared that the ...

September 2, 2024

Market News

Business

India’s Semiconductor Revolution: Kaynes Technology’s Mega Plant Sparks Innovation in Gujarat

The Union Cabinet has approved Kaynes Technology’s new semiconductor facility in Sanand, Gujarat, marking India’s fifth under the Semiconductor Mission. With an investment of Rs 3,307 crore, this plant will produce 6.3 million chips daily and cover 46 acres. Union Minister Ashwini Vaishnaw highlighted that most chips will be used in power equipment for trains, ...