Mr. Raghu Panicker, our CEO, addressed the future leaders of the industry at ITER, Faculty of Engineering, Siksha O Anusandhan, highlighting the transformative role of OSAT/ATMP in India’s growing semiconductor landscape.
In his presentation, Mr. Panicker underscored the critical nature of OSAT/ATMP as both an opportunity and a catalyst within the Indian tech ecosystem. With Kaynes SemiCon leading the way, we are set to leverage these opportunities for substantial growth.
He pointed to India’s established dominance in the IT services sector with stalwarts like TCS, Infosys, HCL, and WIPRO, alongside burgeoning advancements in AI/ML and design capabilities. India is poised as a global design hub, backed by world-class universities and a significant share of the global design workforce.
On the digital front, India boasts significant metrics, including 880 million broadband subscribers and 1.31 billion Aadhar registrations as of 2022. The demand in industrial automation, anticipated to hit $29 billion, coupled with the projected rise in the EV 2 Wheeler market share from 3% in 2023 to 45% by 2030, underscores a robust growth trajectory for the Power Module market.
Mr. Panicker also highlighted the government’s forecast of creating over 100,000 jobs in the semiconductor sector, promising a significant economic impact. Kaynes’ extensive clientele across the product value chain, from tech innovation to EV 2 wheelers and BLDC fans, positions us as a seminal player in the semiconductor industry, driving it from silicon to system.
