02-20-2024, 04:56 PM
Following is an excerpt from https://www.entrepreneur.com/en-in/news-...bvib-Ev4hs
Quote:Kaynes Semicon, a subsidiary of Kaynes Technology, will invest INR 4,000 crore to set up a semiconductor OSAT/ATMP (assembly, testing, marking and packaging) in the next one to two years. Hyderabad, Ahmedabad and Bhubaneswar are the preferred locations for setting up the facility. "The investment will create around 1,000-plus jobs and in the next couple of months we are expecting the final approval from the government," said Raghu Panicker, CEO, Kaynes SemiCon.