Interview
Goal for chip packaging company comes as it pursues auto, industrial and power sectors
Kaynes Semicon’s chip packaging and testing facility in the Indian state of Gujarat was set up within eight months, from acquiring land to building the factory and hiring workers, according to CEO Raghu Panicker.
ANANTA AGARWAL
October 12, 2026 18:00 JST
BENGALURU — India’s semiconductor industry requires deeper engagement from foreign firms to establish a robust chip ecosystem, Kaynes Semicon CEO Raghu Panicker stated in an interview with Nikkei Asia. The company, which specializes in chip packaging and testing, has set a revenue target of 3 billion rupees ($31 million) for the fiscal year ending March 2027. Panicker also highlighted the company’s strategic expansion into new verticals including automotive, industrial, and power sectors, aiming to capitalize on emerging market opportunities.
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