Kaynes Technology eyes $1 bn OSAT under Semicon 2.0.

Kaynes Technology India Limited

is planning a $1-billion OSAT expansion under Semicon 2.0. The company targets semiconductor revenue of ₹250-300 crore this year. Kaynes Semicon aims to scale packaging capacity with a new OSAT project in Gujarat. Advanced packaging and LED or micro-LED are under consideration. The revenue target reflects early commercial production from the existing unit. The key figures are the $1-billion expansion plan and the ₹250-300 crore semiconductor revenue guidance. This strengthens Kaynes’ shift beyond EMS into semiconductors. Peers such as Syrma SGS and other EMS players may see positive sentiment. Risks include delays in project approval, slower ramp-up or higher capital costs. We have no financial interest in this news.