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SILICON DREAMS

BW Businessworld

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Anniversary Special Issue, September - October 2025.

Kaynes Semicon is laying the groundwork for a globally rooted semiconductor competitive, locally and electronics value chain for India. Kaynes Semicon CEO RAGHU PANICKER discusses the company's chip packaging and manufacturing ambitions, in an interview with of BW Businessworld's Rohit Chintapali.

- By Rohit Chintapali

SILICON DREAMS

As we look toward India@2047, how do you see the country's semiconductor ecosystem evolving and what role is Kaynes set to play in that journey?

Kaynes is working on positioning itself to support a self-reliant and self-sufficient India, especially aligned with the Make in India mission. Within the next year, we will become the only company in India with an integrated offering that spans electronic manufacturing services (EMS), original design manufacturing (ODM), OSAT (Outsourced Semiconductor Assembly and Test) and bare board PCB manufacturing. This combination will help us to provide a true one-stop solution, from design to manufacturing, for customers. We are heavily focused on key sectors like automotive, industrial and medical, and through our subsidiaries, Kaynes Semicon and Kaynes Circuits, we are also entering advanced chip packaging and HDI/ multi-layer PCBs.

How is Kaynes expanding its footprint beyond core EMS and semiconductors?

We are evolving into a full-fledged electronic system design and manufacturing company, with capabilities across PCB assembly, box build, sheet metal, plastics, injection molding, magnetics, relays and wire harness—essentially covering the full electronics value chain. While we've done this for 38 years, our newer focus areas now include semiconductors through Kaynes Semicon and bare board PCBs via Kaynes Circuits.

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