Indian electronics manufacturing company Kaynes Technology is expanding its business into the Japanese market. Its subsidiary, Kaynes Semicon, is aiming to win orders for semiconductor assembly from local chipmakers, including those producing automotive chips, as reported by Nikkei Asia.
Kaynes Semicon's Back-End Processing Facility
Kaynes Semicon, the company's semiconductor arm, provides assembly services for chipmakers and other businesses. It has established a back-end processing facility in Gujarat, western India, where mass production began this spring.
Sales Representatives Deployed in Japan
Kaynes recently deployed sales representatives in Japan and plans to begin shipping product samples in fiscal 2026. The company has the capability to assemble a broad range of semiconductors and is working to build a customer base among automakers looking to outsource automotive chip production, according to Nikkei Asia.
Support from Japanese Partners
A major Japanese back-end services provider, Aoi Electronics, is supporting Kaynes in setting up production lines, while trading firm Mitsui is assisting with materials procurement. Kaynes plans to collaborate with both companies to expand its customer base in Japan.
Make in India Initiative
Prime Minister Narendra Modi has championed the Make in India campaign to boost manufacturing, advancing the development of the country's domestic supply chains. Nikkei Asia noted that Kaynes built its plant using support from substantial subsidies provided by the government to the semiconductor sector.
Company Background
Kaynes Technology was established in 1988 and is headquartered in Karnataka, southwestern India. The company offers conceptual design, process engineering, integrated manufacturing, and life cycle support for major players in the automotive, industrial, aerospace and defence, outer-space, medical, railways, Internet of Things (IoT), Information Technology (IT), and other segments.
The company is listed on the Bombay Stock Exchange (BSE). It reported a revenue of Rs 27.2 billion (USD 287 million) for the year ended March 2025. As of June 17, the company has a market cap of around Rs 21,824.47 crore, according to data from BSE.
