"kaynes-semicon"

IIT Hyderabad and Kaynes Semicon have signed an MoU to strengthen collaboration in semiconductor research, talent development and industry exposure. The partnership will involve training, workshops, academic programmes and curriculum development focused on emerging semiconductor and packaging technologies.

Minister Sridhar Babu said Kaynes SemiCon has affirmed its commitment to its Hyderabad project, in sharp contrast Industries Secretary Jayesh Ranjan said Kaynes had indeed moved to Gujarat

KTR raised concern over the loss of two highly advanced projects - a Outsourced Semiconductor Assembly and Testing (OSAT) unit and a Printed Circuit Board (PCB) manufacturing unit - that were initially sanctioned for Kongara Kalan and Warangal, respectively.

Foxconn had previously announced plans for investment of Rs 4,000 crore in Hyderabad and to create around one lakh jobs

From being a top investment destinaton, State under Congress regime has seen several big companies turn their attention to somewhere else

Another multinational major, Kaynes Semicon, is reportedly shifting its chip assembly unit from Telangana to Gujarat