Electronics manufacturing services (EMS) provider, Kaynes Technology India plans to embark on a strategic expansion aimed at becoming a fully integrated player in the industry. 

As part of its strategy to build a stronger technological foundation, Kaynes is focusing on the establishment of its semiconductor manufacturing facility. Jairam Sampat, Whole-Time Director and CFO of Kaynes Technology, shared details on the ongoing process: "First, we have to get our semicon factory going. We are in the process of setting up the buildings, etc. So in the coming year, we can do the proof of concept as well as by January-March of next year, we will probably have the commercial production going."

The company is working on a project focused on printed circuit boards, particularly high-density PC boards and their fabrication, which could benefit from such policy measures when fully rolled out. This is on the back of reports indicating that the Ministry of Electronics and Information Technology (MeitY) is set to seek cabinet approval for an incentive package worth Rs 40,000 crore, mainly for nonsemiconductor electronic components.

As part of its strategy, the company has launched a new project for semiconductor assembly and test (OSAT), focused on semiconductor assembly, and is also exploring several other opportunities, though these are more focused on modules and related areas.