"Kaynes Semicon, together with Japanese and Malaysian technology partners, assembled the chips in a new factory funded with incentives under Indian Prime Minister Narendra Modi's $10bn semiconductor push announced in 2021. Modi has been trying to position India as an additional manufacturing hub for global companies that may be looking to expand their production beyond China, with limited success. One sign of that is India's first commercial foundry for mature chips that is currently under construction, also in Gujarat."
"The $11bn project is supported by technology transfer from a Taiwanese chipmaker and has onboarded the United States chip giant Intel as a potential customer. With companies the world over hungering for chips, India's entry into that business could boost its role in global supply chains. But experts caution that India still has a long way to go in attracting more foreign investment and catching up in cutting-edge technology."
A Gujarat electronics firm, Kaynes Semicon, shipped its first chip modules to a California client using Japanese and Malaysian partners and incentives from Narendra Modi's $10bn semiconductor push. India aims to be an additional manufacturing hub for companies diversifying production beyond China and is building its first commercial foundry for mature chips in Gujarat. An $11bn foundry involves Tata Group and Taiwan's Powerchip with technology transfer, and Intel is a potential customer. Tata Electronics has an agreement with Intel to explore manufacturing and packaging in upcoming facilities to meet growing domestic demand. India still faces challenges attracting foreign investment and advancing cutting-edge technology.
Read at www.aljazeera.com
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