Tuesday, March 24, 2026
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Manufacturing

Manufacturing: KASFAB aims for $25bn global market

Fiinews by Fiinews
January 29, 2025
in Manufacturing
Reading Time: 3 mins read
A A
0
Manjunath Kasfab Tools

Manjunath Jyothinagara, Managing Director, KASFAB Tools Pvt Ltd.

0
SHARES
67
VIEWS
LinkedinShare on Twitter

Doddaballapur plant to collaborate with semiconductor producers

KASFAB Tools Private Limited of has launched India’s first semiconductor equipment manufacturing and building facility for tapping the US$25 billion global market.

Located in Doddaballapur, Karnataka, the state-of-the-art facility is capable of supporting industry giants and collaborate with players like Applied Materials, LAM Research, Tokyo Electron, Yield Engineering Systems as well as other international heavyweights.

“As global semiconductor equipment makers look to diversify their supply chains, India offers a compelling opportunity for contract manufacturing,” KASFAB Tools Managing Director Manjunath Jyothinagara said on 28 Jan after the launch.

“The country’s talent pool and engineering ecosystem will drive MSMEs to embrace this path with greater confidence, and we anticipate a growing number of players will be motivated to join in building a vibrant, local semiconductor ecosystem,” he elaborated

“By providing advanced manufacturing capabilities, we are not only supporting global customers but also positioning Karnataka as a leading hub for innovation and high-tech engineering http://semiconductors.org.

“This initiative will generate employment, attract significant investments, and accelerate India’s ambitions to become a global leader in semiconductor manufacturing,” said Jyothinagara.

The facility was inaugurated among global supply chain partners and customers from Fortune 100 companies in attendance along with Dr Suraj Rengarajan – Head Semiconductor Products Group in Applied Materials India, Dr Ankineedu Velaga – SVP & Country Head YES India and Prof Srinivasan Raghavan – Chairman CeNSe IISc formally https://sbi.com.in/.

This groundbreaking initiative marks a significant milestone in India’s journey towards self-reliance and leadership in the semiconductor industry. The KAS Group will invest significantly in KASFAB Tools Private Limited, the newly formed company, beginning with Rs.20 crore in its initial phase, followed by an additional Rs.250 crore in the subsequent expansion phase.

“This strategic move aims to tap into a global market valued at US$25 billion, with the Indian semiconductor ecosystem poised to reach Rs.2,500 crore within the next 3 to 5 years,” he said https://www.bseindia.com/.

It is equipped with cutting-edge infrastructure, including Class 10 and Class 100 cleanrooms, high-precision welding for plastics and metals, component fabrication, and ultrasound-aided cleaning with deionized (DI) water https://ism.gov.in/.

The facility also houses independent test and validation tools, a safety simulation bench, and functional testing capabilities, ensuring compliance with the highest global standards. The facility sprawled across 20,000 sq. ft. on the outskirts of Bangalore, has been developed after extensive benchmarking of similar setups in the USA, Japan, South Korea, Malaysia, and China, making it one of the most advanced facilities of its kind in India https://www.nseindia.com/.

KAS Group, a prominent player with a proven track record in the engineering sector and an impressive portfolio of companies including UHP Technologies and KASTech Equipments serving Solar and Semiconductor Industry with established expertise across multiple domains, such as solar fabs and semiconductor R&D facilities, UHP Technologies has recently been awarded a significant contract for Micron Semiconductor Gujarat, further solidifying its position in the industry. Fiinews.com

Tags: KASFAB
ShareTweetShare

Related Posts

Bidso
Manufacturing

Manufacture: Blume Ventures backed BIDSO

by Fiinews
March 23, 2026
0
18

Fresh capital will be deployed to strengthen BIDSO’s product design Toys is shaping up to be one of the bigger...

PIB
Manufacturing

Manufacture: Coal gasification pivotal for energy

by Fiinews
March 23, 2026
0
21

Rs.8,500cr incentives introduced to support public and private sector projects Coal and Mines Minister G. Kishan Reddy says coal gasification...

Make In India

Manufacture: Tender called for Rare Earth facility

March 22, 2026
14
Roche logo

Manufacture: Roche helps strengthen pharma sector

March 21, 2026
15
PIB

Manufacture: India must become drone hub

March 21, 2026
18
PIB

Manufacture: Bioeconomy grew 18% to $195bn in 2025

March 21, 2026
16
SBI YONO

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0
  • Investments: Foreign investors see India as long-term destination for fund placings

    0 shares
    Share 0 Tweet 0
  • Markets: Blue Dart maintains positive outlook on India

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Tender: BTL EPC to work on Adani coal mine
  • Tender: Azamgarh City Bypass contract awarded
  • Tech: TDB supports Cybersecurity Solution project
  • Manufacture: Blume Ventures backed BIDSO
  • Project: DNP to undertake R&D from Telangana

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.