UST, Kaynes Semicon to set up ₹3,330 crore OSAT facility in Gujarat
California-based technology firm UST on Monday announced a joint venture with Indian semiconductor manufacturer Kaynes Semicon to set up a ₹3,330 crore OSAT (Outsourced Semiconductor Assembly and Test) facility in Sanand, Gujarat.
The investment paves the way for deeper collaboration between UST and Kaynes Semicon in driving innovation across electronics, electric vehicles, renewables, and consumer technology, while supporting India’s push to become a global semiconductor hub, the company said in a statement.
