Kaynes Semicon ties up 100% of capacity with global, Indian firms

Kaynes Semicon, an outsourced semiconductor assembly and test (OSAT) player, whose facility is coming up at Sanand in Gujarat, has tied up 100 per cent of its capacity of around 4.6 billion chips per annum with global and Indian companies.

- SURAJEET DAS GUPTA

And, with more interest coming in, it is already scouting for land for a third unit to meet potential demand.

Raghu Panicker, chief executive officer (CEO) of Kaynes Semicon, said: "Our capacity is getting over-booked as there is a lot of demand. Hence, we are looking for additional land now to set up a third unit. The first unit of 2.3 billion per annum is already under production with two lines (prototype chips for potential clients being made). A second unit is under way. Our aim is to see that both the units are commercially producing chips from Q2 of 2026."

Panicker said that the company has tied up with some leading global players.