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UST and Kaynes Semicon Partner to Set up a Rs 3,330 Crore Joint Venture for Semiconductor Manufacturing in India
Sep 29, 2025
Bengaluru (Karnataka) [India], September 29: UST, a leading AI and technology transformation solutions company, has announced a strategic investment in Kaynes Semicon, a prominent Indian semiconductor manufacturer. The investment arrangement lays the foundation for greater collaboration between the two firms as they work together to power the next era of electronics and Electric Vehicles (EVs), renewables, and consumer technology. Furthermore, the partnership advances India's ambition to become a leading semiconductor hub, promoting quality, reliability, and local value, while providing advanced solutions globally.
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