Kaynes Technology India Limited has informed the Exchange regarding a press release dated October 15, 2025, titled Collaborative Triumph: AOS, Kaynes Semicon, and Mitsui Join Forces to Deliver India s First Manufactured IPM Multi-Chip Module from Sanand
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Kaynes Technology India has announced a three-way collaboration between its semiconductor subsidiary Kaynes Semicon, US-based AOS (Alpha and Omega Semiconductor), and Japan's Mitsui to deliver India's first locally manufactured IPM (Intelligent Power Module) Multi-Chip Module. The production will take place at Kaynes' Sanand facility in Gujarat. IPM modules are key components used in motor drives, industrial automation, and electric vehicles. This milestone marks a significant step in India's domestic semiconductor packaging and manufacturing capabilities.
Positive for Kaynes Technology — being part of India's first IPM multi-chip module positions the company at the forefront of domestic semiconductor packaging, potentially unlocking new revenue streams and strengthening its valuation in the semiconductor space.