UST, a global leader in technology transformation and AI solutions, has announced a strategic investment in Kaynes Semicon, a key player in India’s semiconductor manufacturing space. This collaboration sets the stage for a new era in electronics, Electric Vehicles (EVs), renewable energy, and consumer technology, while reinforcing India’s vision of becoming a global semiconductor hub.
Leveraging UST’s worldwide presence and deep experience in semiconductor services, the partnership will create opportunities for global customers to benefit from Indian assembly and testing capabilities. The initiative combines UST’s expertise in digital engineering, AI-driven process optimization, and real-time data analytics with Kaynes Semicon’s manufacturing excellence to deliver scalable, reliable, and cost-efficient solutions.
At the heart of the collaboration is the establishment of a world-class Outsourced Semiconductor Assembly and Test (OSAT) facility in Sanand, Gujarat, with an investment of INR 3,300 crore. OSAT is a critical component of India’s semiconductor roadmap and will play a vital role in developing a self-reliant and globally competitive chip ecosystem. The new facility will integrate R&D, manufacturing, and testing to meet growing demand for advanced semiconductor components across industries.
“This partnership marks an important milestone in India’s semiconductor journey. Together, we will accelerate innovation, scale manufacturing, and help position India as a global leader in chip assembly and testing,” said Krishna Sudheendra, Chief Executive Officer, UST.
Raghu Panicker, CEO of Kaynes Semicon, added, “Our collaboration with UST brings world-class manufacturing and digital engineering capabilities under one roof. This facility will not only strengthen India’s semiconductor ecosystem but also serve as a benchmark for quality and innovation on a global scale.”
Since its founding in 1999, UST has partnered with leading global enterprises to drive meaningful transformation. Harnessing the power of advanced technology, artificial intelligence, and human ingenuity, the company supports clients through every stage—from design and development to full-scale operations.
UST’s portfolio spans AI-enabled digital solutions, proprietary platforms, engineering services, R&D, and innovative products, helping businesses turn complex challenges into game-changing opportunities. With deep domain expertise and a forward-looking approach, UST brings agility and innovation to its clients’ operations, delivering measurable outcomes and long-term value. With a team of more than 30,000 professionals across 30+ countries, UST continues to make a global impact—improving performance for clients while positively influencing the lives of billions worldwide.
