PM Modi Inaugurates Kaynes Semicon OSAT Facility at Sanand, Gujarat

VMPL
Mumbai (Maharashtra) [India], April 3: Trident Techlabs Limited (NSE: TECHLABS | BSE: 544170) notes that Hon'ble Prime Minister Shri Narendra Modi inaugurated the Kaynes Semicon OSAT (Outsourced Semiconductor Assembly and Test) facility at Sanand, Gujarat on March 31, 2026. The facility, developed under the India Semiconductor Mission with an investment of Rs. 3,300 crore, has commenced commercial production with a capacity of approximately 6.3 million semiconductor chips per day.
As Mr Raghu Panicker [CEO, Kaynes SemiCon] mentioned, Trident Techlabs, through its wholly owned subsidiary Techlabs Semiconductor Private Limited, has a strategic partnership with Kaynes Semicon Private Limited. This partnership combines Techlabs Semiconductor's capabilities in semiconductor and system design services with Kaynes Semicon's manufacturing infrastructure to deliver end-to-end semiconductor solutions from design to production.
Hon'ble Prime Minister's Remarks
Speaking at the inauguration, the Prime Minister stated: "This is proof of the speed & the velocity with which India's semiconductor ecosystem is developing... In the coming days, Indian companies, through global collaboration, are going to give the world a resilient semiconductor supply chain."
(Source: Press Information Bureau, Government of India)
Strategic Significance for Trident Techlabs:
End-to-End Solution Capability: Techlabs Semiconductor's core competencies in ASIC design, SoC development, FPGA implementation, and system-level design can now be paired with Kaynes Semicon's advanced packaging, assembly, and testing infrastructure. This enables Trident Techlabs to offer clients a complete semiconductor solution right from initial architecture and design through fabrication-ready outputs to volume production, entirely within India..
Target Sectors: The facility's focus on Intelligent Power Modules (IPMs) for electric vehicles, industrial automation, and energy-efficient appliances aligns with Trident Techlabs' target verticals.
Global Supply Chain Access: With production already committed to international clients, the partnership provides access to global semiconductor supply chains.
Industry Context
According to the Prime Minister, India's semiconductor market currently stands at approximately USD 50 billion and is projected to exceed USD 100 billion by the end of this decade. The India Semiconductor Mission currently has 10 projects worth over Rs. 1,60,000 crore underway across six states. The Sanand facility is the second major semiconductor project to become operational in the Sanand GIDC cluster, following Micron Technology's facility inauguration in February 2026.
About Trident Techlabs Limited
Trident Techlabs Limited (NSE: TECHLABS | BSE: 544170) is a technology company providing engineering solutions, power systems, and semiconductor design services. Through its subsidiary Techlabs Semiconductor Private Limited, the Company offers ASIC, SoC, FPGA design, and system-level design services to clients across defence, aerospace, automotive, industrial, and consumer electronics sectors.
Disclaimer:
This document contains forward-looking statements, which are not historical facts and are subject to risks and uncertainties such as government actions, local developments, and technological risks. The Company is not responsible for any actions taken based on these statements and does not commit to publicly updating them to reflect future events or circumstances.
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