UST completed an investment in Kaynes Semicon.

UST, an AI and technology transformation solutions company, completed an investment in Kaynes Semicon, an Indian semiconductor manufacturer. Financial terms were not disclosed. "This ambitious partnership between UST and Kaynes Semicon will help shape the future of semiconductor manufacturing in India. We are proud to participate in the 'Make in India' initiative. Together, our two great companies will harness the strengths of the Indian market and build a formidable foundation for the country to become a key player in the global semiconductor industry," Krishna Sudheendra, UST CEO.