Kaynes Tech plans chip supply chain expansion via JVs under ISM 2.0
India, July 30 -- Kaynes Technology is in advanced talks with global partners for joint ventures in chip fabrication and materials.
The company's subsidiary, Kaynes Semicon, plans to apply for subsidies under the government's Rs.1.28 lakh crore ISM 2.0 scheme by mid-August 2026. This move leverages the scale of its recently operational Rs.3,307 crore Sanand OSAT plant.
Kaynes Semicon is holding advanced talks with global tech majors to form partnerships for wafer fabrication and semiconductor materials. Submissions for projects under ISM 2.0 are targeted for mid-August 2026, subject to the opening of the official application window. The expansion coordinates with existing clusters in Sanand (OSAT plant) and Dholera (emerging fabrication...
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