# UST and Kaynes Semicon partner to set up semiconductor JV in India

UST and Kaynes Semicon partnered to set up a joint venture for semiconductor manufacturing in India, with an investment of Rs 3,330 crore.

- Type: Partnership
- Announced: 2025-09-29
- Where: India
- Value: $400.0M (33.3B INR)
- Status: announced
- Products: semiconductors
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Kaynes Semicon](https://endata.com/companies/15328.md) (partner)
- [UST](https://endata.com/companies/44959.md) (partner)

## Sources

- [ust.com](https://www.ust.com/en/who-we-are/ust-newsroom/ust-and-kaynes-semicon-partner-to-set-up-a-rs-3330-crore-joint-venture-for-semiconductor-manufacturing-in-india), 2025-09-29: "UST and Kaynes Semicon Partner to Set Up a Rs 3,330 Crore Joint Venture for Semiconductor Manufacturing in India"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.