New Delhi [India], June 17 (ANI): Indian electronics manufacturing firm Kaynes Technology is increasing its enterprise within the Japanese market. Its subsidiary Kaynes Semicon is aiming to win orders for semiconductor meeting from native chipmakers, together with these making automotive chips, reported Nikkei Asia.
Kaynes Semicon, the corporate’s semiconductor subsidiary, supplies meeting providers for chipmakers and different companies. It has arrange a back-end processing facility in Gujarat, western India, the place mass manufacturing started this spring.
Additionally, Kaynes not too long ago deployed gross sales representatives in Japan and plans to start delivery product samples in fiscal 2026. The firm has capabilities to assemble a broad vary of semiconductors and is working to construct a buyer base amongst automakers seeking to outsource automotive chip manufacturing, Nikkei Asia reported.
Apart from this, a serious Japanese back-end providers supplier, Aoi Electronics, is supporting Kaynes in establishing manufacturing strains, whereas buying and selling agency Mitsui is aiding with supplies procurement. Kaynes plans to work with each corporations to increase its buyer base in Japan.
Prime Minister Narendra Modi has championed the Make in India marketing campaign to spice up manufacturing, advancing the event of the nation’s home provide chains. Nikkei Asia famous that Kaynes constructed its plant utilizing assist from the substantial subsidies the federal government has offered to the semiconductor sector.
Kaynes Technology was established in 1988 and is headquartered in Karnataka in southwestern India. The firm provides conceptual design, course of engineering, built-in manufacturing and life cycle assist for main gamers within the automotive, industrial, aerospace and defence, outer-space, medical, railways, Internet of Things (‘IoT’), Information Technology (‘IT’) and different segments.
The firm is listed on the Bombay Stock Exchange (BSE). It has boasted a income of Rs 27.2 billion (USD 287 million) for the 12 months ended March 2025. As of June 17, the corporate boasts a market cap of round Rs 21,824.47 crore, based on the info offered on BSE. (ANI)