Kaynes Semicon × Vishay Intertechnology: Strategic Joint Venture Strengthens India’s Semiconductor Manufacturing Ecosystem
Kaynes Semicon and Vishay Intertechnology enter into a strategic joint venture, with Vishay expected to utilize nearly 90% of Kaynes Semicon’s planned manufacturing capacity. The collaboration takes Kaynes Semicon towards 100% capacity booking, marking a significant milestone for India’s OSAT ecosystem.
Kaynes Semicon is pleased to announce a landmark strategic joint venture with Vishay Intertechnology, further strengthening India’s rapidly expanding semiconductor manufacturing ecosystem.
Under the collaboration, Vishay is expected to utilize nearly 90% of Kaynes Semicon’s planned manufacturing capacity. With the balance capacity also committed, Kaynes Semicon is positioned to achieve 100% capacity booking, representing a significant milestone for India’s semiconductor assembly, packaging and testing ecosystem.
The partnership brings together Vishay Intertechnology’s global semiconductor expertise and Kaynes Semicon’s growing manufacturing, advanced packaging and OSAT capabilities in India.
Scaling Manufacturing Capabilities
Kaynes Semicon’s Unit 1 has already commenced production, marking an important step in the company’s journey from infrastructure development to commercial semiconductor manufacturing.
Unit 2 is currently under development and is targeted for production delivery by Q1 2027, further expanding Kaynes Semicon’s manufacturing capacity and advanced packaging capabilities.
The collaboration with Vishay is expected to support the efficient utilization of this expanded capacity while strengthening the company’s position as a trusted manufacturing partner for global semiconductor companies.
Strengthening India’s Semiconductor Ecosystem
The joint venture represents an important step towards building a globally competitive semiconductor manufacturing ecosystem in India.
By combining international technology expertise with domestic manufacturing capabilities, the collaboration is expected to contribute to:
- Expansion of India’s OSAT and advanced packaging capabilities
- Increased utilization of domestic semiconductor manufacturing infrastructure
- Development of a stronger semiconductor supply chain
- Creation of skilled employment and technical capabilities
- Deeper integration of India into the global semiconductor value chain
- Increased confidence among global semiconductor companies in India’s manufacturing ecosystem
A Collective Ecosystem Effort
Kaynes Semicon acknowledges the continued support of the Government of India, Ministry of Electronics and Information Technology, India Semiconductor Mission, Government of Gujarat, GIDC, Department of Science & Technology, and other ecosystem stakeholders who have played an important role in enabling the company’s semiconductor journey.
The company also expresses its appreciation to the leadership of Kaynes Technology India Limited, its employees, partners, Corporate Secretarial, Legal, Strategy and execution teams for their continued contribution and support.
Building from India, for the World
The Kaynes Semicon–Vishay Intertechnology collaboration marks another important milestone in the company’s journey to build world-class semiconductor manufacturing capabilities from India.
With Unit 1 already operational, Unit 2 progressing towards production delivery, and planned manufacturing capacity increasingly committed to global customers, Kaynes Semicon continues to strengthen its role in India’s semiconductor ambitions.
Kaynes Semicon remains focused on building scalable, reliable and globally competitive semiconductor manufacturing capabilities from India, for the world.
