Kaynes Technology Eyes $1-Billion OSAT Expansion, Targets ₹250–300 Crore Semiconductor Revenue

•Kaynes Technology plans a $1 billion OSAT expansion in Gujarat under India's Semicon 2.0 program.

•The company targets ₹250–300 crore in semiconductor revenue for the current fiscal year, with nearly ₹100 crore already booked.

•Kaynes Semicon will apply for the expansion under the packaging pillar of Semicon 2.0, aiming for an annual capacity of 1.2 billion units by December 2026.

•The expansion is expected to establish a competitive moat, allowing Kaynes to command premium pricing in the semiconductor market.