Just a moment...

Top
Help
×

By creating an account you can:

Logo TaxTMI
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
TMI Blog
Home / TMI Blogs / RSS

KASFAB Tools Inaugurates India's First Manufacturing and Building Facility for Semiconductor Equipment for Global Customers

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ASFAB Tools Inaugurates India's First Manufacturing and Building Facility for Semiconductor Equipment for Global Customers<BR>PTI News<BR>Dated:- 28-1-2025<BR>PTI<BR>DODDABALLAPUR, India, Jan. 28, 2025 /PRNewswire/ -- KASFAB Tools Private Limited (A KAS group company under UHP Technologies & KASTECH Equipment) announced the launch of India's first manufacturing and building facility dedicated to b....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....uilding semiconductor equipment for global customers today. The state-of-the-art facility, located in Doddaballapur, was inaugurated among global supply chain partners and customers from Fortune 100 companies in attendance with Dr. Suraj Rengarajan - Head Semiconductor Products Group in Applied Materials India, Dr. Ankineedu Velaga - SVP & Country Head YES India and Prof. Srinivasan Raghavan - Cha....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....irman CeNSe IISc formally inaugurating the facility today. 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 ha....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....s recently been awarded a significant contract for Micron Semiconductor Gujarat, further solidifying its position in the industry. 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 INR 2....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....0 crore in its initial phase, followed by an additional INR 250 crore in the subsequent expansion phase. This strategic move aims to tap into a global market valued at USD 25 billion, with the Indian semiconductor ecosystem poised to reach INR 2500 crore within the next 3 to 5 years. Projections for FY 2025-26 forecast INR 50 crore in revenue, with expectations for exponential growth in the coming....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... years as the company continues to scale. "This world-class facility represents a pivotal step in strengthening India's semiconductor ecosystem," said Mr. Manjunath Jyothinagara, Managing Director, KASFAB Tools Pvt. Ltd. "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 engin....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....eering. This initiative will generate employment, attract significant investments, and accelerate India's ambitions to become a global leader in semiconductor manufacturing." "With first-of-its-kind infrastructure in India, capable of supporting industry giants we look forward to collaborate with players like Applied Materials, LAM Research, Tokyo Electron, Yield Engineering Systems and likes of t....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....hem. As global semiconductor equipment makers look to diversify their supply chains, India offers a compelling opportunity for contract manufacturing. 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." The fac....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ility 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 adva....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....nced facilities of its kind in India. The new facility is designed to cater to the demands of leading global customers, including Applied Materials, LAM Research, Tokyo Electron and Yield Engineering Systems, among others. It is equipped with cutting-edge infrastructure, including Class 10 and Class 100 cleanrooms, high-precision welding for plastics and metals, component fabrication, and ultras....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ound-aided cleaning with deionized (DI) water. The facility is open to showcase its pioneering capabilities including Class 10/Class 100 cleanrooms, precision welding, and comprehensive testing and validation setups. Photo: (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI PWR PWR<BR> News - Pres....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....s release - PIB....