Kaynes To Deliver First Made In India Semiconductor Chip By October 5, Stock Rises More Than 3%

ETVBHARAT

Kaynes Semicon will deliver India’s first Made-in-India semiconductor chip from its ₹3,300 crore Sanand plant by October 5 to Alpha Omega Semiconductor, reports Surabhi Gupta.

Transcript

00:00We are joined by Raghu Panikar, CEO of Keynes Ossets.

00:06My first question is like how Keynes is helping to achieve the semiconductor mission 2020?

00:13By setting up a plant which is 3,300 crores, executing it and bringing the products into Indian market.

00:22I think that is how we are helping the semiconductor ecosystem.

00:26We are also a very big electronic manufacturing services player and some of these products will consume in our EMS as well.

00:34If we talk about sustainability, the development of such products also need sustainable environment also.

00:41So what is your take on that?

00:43Sustainable environment standpoint, if it is a government policy, we are being held by ISM, MITI and the Minister himself

00:51with all the subsidies that they have given up to 70%.

00:54The ecosystem which is coming up in Sanand, Gujarat is being helped by the DST and GSIM,

01:03which is the Gujarat State Electronics Machine and Department of Science and Technology.

01:07So that support is coming.

01:09If you look at the equipment people that are coming into India, they are helping us and supporting from an ecosystem standpoint.

01:16The raw materials are coming from outside of India.

01:18So all these supports are coming up.

01:20Can we talk about the timeline and about the Sun at that?

01:25You can change from December to September.

01:28We are delivering the first product.

01:31We are the fastest one to do it and the number one OSAT player to do it.

01:35We will do it in October, first week of October.

01:37So it is not December, it is October.

01:39From there on we will do multiple such products in December and next year.

01:43Is this the October 5 delivery that we are giving to Apollo?

01:47Absolutely.

01:48Absolutely.

01:49Also last, if you can elaborate about the products that you have shown to me.

01:53If you see, you know, the last product over here.

01:58It is primarily to give it to the Air Force.

02:01The second product is to our TWS market in the earphone.

02:06The third is to the fan market.

02:10Then the air conditioner market.

02:12And then to the railway market.

02:14And these are the set of products that we will do in India.

02:17MOU signed in this Semicone 2025 will help Keynes?

02:22So we have signed an MOU to do the silicon microphone with Siemens, sorry, Infineon.

02:29With Siemens we have bought their entire electronic design automation tools for system design.

02:35We are working with a consortium of partners in a startup domain to do the camera module.

02:40So that is how we are going to help the ecosystem in India.

Category

Transcript

Be the first to comment

Recommended