Kaynes planning potential $1 bn OSAT investment under ISM 2.0: Report

NEW DELHI: Kaynes Technology is planning a potential $1 billion outsourced semiconductor assembly and testing (OSAT) investment under India’s ISM 2.0 programme, NDTV Profit reported on Monday based a brokerage report by JPMorgan following the SEMICON India 2026 event.

The proposed investment represents approximately three times Kaynes’ original commitment under ISM 1.0, with the brokerage noting that investors should monitor upcoming corporate disclosures regarding its project application, according to the publication.

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