Sunday, April 26, 2026
  • About Web3Wire
  • Web3Wire NFTs
  • .w3w TLD
  • $W3W Token
  • Web3Wire DAO
  • Media Network
  • RSS Feed
  • Contact Us
Web3Wire
No Result
View All Result
  • Home
  • Web3
    • Latest
    • AI
    • Business
    • Blockchain
    • Cryptocurrencies
    • Decentralized Finance
    • Metaverse
    • Non-Fungible Token
    • Press Release
  • Technology
    • Consumer Tech
    • Digital Fashion
    • Editor’s Choice
    • Guides
    • Stories
  • Coins
    • Top 10 Coins
    • Top 50 Coins
    • Top 100 Coins
    • All Coins
  • Exchanges
    • Top 10 Crypto Exchanges
    • Top 50 Crypto Exchanges
    • Top 100 Crypto Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks
  • Events
  • News
    • Latest Crypto News
    • Latest DeFi News
    • Latest Web3 News
  • Home
  • Web3
    • Latest
    • AI
    • Business
    • Blockchain
    • Cryptocurrencies
    • Decentralized Finance
    • Metaverse
    • Non-Fungible Token
    • Press Release
  • Technology
    • Consumer Tech
    • Digital Fashion
    • Editor’s Choice
    • Guides
    • Stories
  • Coins
    • Top 10 Coins
    • Top 50 Coins
    • Top 100 Coins
    • All Coins
  • Exchanges
    • Top 10 Crypto Exchanges
    • Top 50 Crypto Exchanges
    • Top 100 Crypto Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks
  • Events
  • News
    • Latest Crypto News
    • Latest DeFi News
    • Latest Web3 News
No Result
View All Result
Web3Wire
No Result
View All Result
Home Press Release PRNewswire

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

January 28, 2025
in PRNewswire, Web3
Reading Time: 5 mins read
5
SHARES
243
VIEWS
Share on TwitterShare on LinkedInShare on Facebook

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 building 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 – Chairman CeNSe IISc formally inaugurating the facility today.


Mr. Manjunath Jyothinagara, Managing Director, KASFAB Tools Pvt. Ltd.

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.

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 20 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 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 engineering. 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 them. 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 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. 

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 ultrasound-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: https://web3wire.org/wp-content/uploads/2025/01/Manjunath_KASFAB_Tools.jpg

 

View original content to download multimedia:https://www.prnewswire.com/in/news-releases/kasfab-tools-inaugurates-indias-first-manufacturing-and-building-facility-for-semiconductor-equipment-for-global-customers-302361578.html

About Web3Wire
Web3Wire – Information, news, press releases, events and research articles about Web3, Metaverse, Blockchain, Artificial Intelligence, Cryptocurrencies, Decentralized Finance, NFTs and Gaming.
Visit Web3Wire for Web3 News and Events, Block3Wire for the latest Blockchain news and Meta3Wire to stay updated with Metaverse News.
ShareTweet1ShareSendShare2
Previous Post

Datar Cancer Genetics to Provide Groundbreaking Video-Enhanced Results of In-Vitro Chemotherapy Effectiveness Tests for Cancer Patients

Next Post

BigCash Officially Sponsors ‘Jeeto Dhan Dhana Dhan’ on Disney+ Hotstar for England’s Tour of India

Related Posts

Crypto News: AlphaPepe Presale Crosses $960,000 Raised as Bitcoin Price Prediction Aims at $200,000

MONACO CITY, Monaco, April 25, 2026 (GLOBE NEWSWIRE) -- AlphaPepe has crossed $960,000 raised as Stage 14 stays live at $0.01586, pushing the presale deeper into its next price window ahead of the Q2 2026 exchange debut. The move comes as Bitcoin price prediction headlines swing back toward the $200,000...

Read moreDetails

How to Sell a Business Without a Broker: New Course Helps Owners Keep More of Their Money

Orlando, FL, April 25, 2026 (GLOBE NEWSWIRE) -- Bizforsalebyowner.us has launched a new course designed to help business owners sell their companies without a broker and keep more of their money. The course provides a clear process, direct access to buyers, and the tools needed to complete a sale independently....

Read moreDetails

Crypto News: AlphaPepe DeFi Exchange Progress Hits 1,000 Demo Users whilst Dogecoin Price Prediction Points To $1.00

MONACO CITY, Monaco, April 25, 2026 (GLOBE NEWSWIRE) -- AlphaPepe has cleared a major product milestone as the AlphaSwap DeFi exchange demo moves beyond 1,000 active users ahead of the Q2 2026 exchange debut. The presale has also crossed $960,000 raised, passed 8,000 holders, and kept Stage 14 live at...

Read moreDetails

Study Shows Implicity’s New Agnostic Cloud-Based AI Algorithm Further Reduces False Alerts Even After Manufacturer AI Filtering in Modern Devices

CAMBRIDGE, Mass., April 25, 2026 (GLOBE NEWSWIRE) -- Implicity, a leader in remote patient monitoring and cardiac data management solutions, today announced the latest findings presented at the Heart Rhythm Society (HRS) 2026. The new HRS data extends on research presented earlier this month at the European Heart Rhythm Association...

Read moreDetails

95% Of AI Projects Fail to Deliver Business Impact, MIT-Affiliated Study Finds — German Startup Bucks the Trend, Appoints Georgios Pipelidis to Lead U.S. Expansion

Photo courtesy of Georgios Pipelidis Munich-based retail analytics company Ariadne has appointed CEO Georgios Pipelidis to lead its U.S. operations after his permanent relocation to the United States. MUNICH, April 25, 2026 (GLOBE NEWSWIRE) -- The move marks a corporate expansion update from the company, which says its deployment network...

Read moreDetails

HERE Technologies and MengQing expand intelligent navigation deployment for China’s leading commercial vehicle manufacturers

Joint solution integrates MengQing’s in‑vehicle navigation with HERE’s AI‑powered live map intelligence to support global expansion Enables consistent, compliant navigation for commercial fleets across international markets Delivers industry‑leading truck routing, ADAS and ISA capabilities Beijing, Auto China 2026 – HERE Technologies, the leading mapping and location data company, and MengQing, a...

Read moreDetails

HERE and KOTEI partner to build AI‑native navigation for the software‑defined vehicle era

Co-development reimagines navigation as a decision-driven, predictive experience that learns driver intent and adapts in real-time Platform approach enables automakers to curate AI-powered navigation and cockpit experiences across vehicles, regions and services Beijing, Auto China 2026 – HERE Technologies, the leading mapping and location data company, and KOTEI, a pioneer...

Read moreDetails

Apollo Group TV Introduces Unified Apollo TV App with Integrated Account and Subscription Management

NEW YORK, April 25, 2026 (GLOBE NEWSWIRE) -- Apollo Group TV today announced the release of an updated version of the Apollo TV app, bringing together account access, pricing, payment processing, and subscription management within a single, unified platform. The update is now available through the Apollo Group TV official...

Read moreDetails

HERE Technologies and Baidu Maps announce strategic MoU to bring advanced in‑vehicle navigation and intelligent driving map solutions to global automakers

HERE and Baidu Maps join hands to co-develop a seamless global navigation and intelligent driving map solution The partnership will deliver advanced navigation, integrated ADAS and ISA solutions and predictive signal timing capabilities for automakers Beijing, Auto China 2026 – HERE Technologies, the leading mapping and location data company, and Baidu...

Read moreDetails

Crypto News: AlphaPepe Presale Hits New Stage Milestones as Bitcoin Price Prediction Sets Target at $120,000

MONACO, April 24, 2026 (GLOBE NEWSWIRE) -- AlphaPepe has crossed another run of presale milestones as Stage 14 stays live at $0.01570 ahead of the Q2 2026 exchange debut. The presale has now moved beyond $950,000 raised, passed 8,000 holders, and pushed the AlphaSwap AI DEX demo beyond 1,000 active...

Read moreDetails
Web3Wire NFTs - The Web3 Collective

Web3Wire, $W3W Token and .w3w tld Whitepaper

Web3Wire, $W3W Token and .w3w tld Whitepaper

Claim your space in Web3 with .w3w Domain!

Web3Wire

Trending on Web3Wire

  • FlipHTML5’s Flipbook Maker Creates Interactive Digital Publications Easily

    8 shares
    Share 3 Tweet 2
  • Discover 2025’s Top 5 Promising Low-Cap Crypto Gems

    98 shares
    Share 39 Tweet 25
  • Understanding Soulbound Tokens SBT Their Definition and Significance

    53 shares
    Share 21 Tweet 13
  • Unifying Blockchain Ecosystems: 2024 Guide to Cross-Chain Interoperability

    159 shares
    Share 64 Tweet 40
  • The HUB @ Office Logic Introduces Structured Deal Flow Access, Investor Readiness Engine, and Accelerator Program at Startup OLÉ Miami 2026

    5 shares
    Share 2 Tweet 1
Join our Web3Wire Community!

Our newsletters are only twice a month, reaching around 10000+ Blockchain Companies, 800 Web3 VCs, 600 Blockchain Journalists and Media Houses.


* We wont pass your details on to anyone else and we hate spam as much as you do. By clicking the signup button you agree to our Terms of Use and Privacy Policy.

Web3Wire Podcasts

Upcoming Events

There are currently no events.

Latest on Web3Wire

  • Crypto News: AlphaPepe Presale Crosses $960,000 Raised as Bitcoin Price Prediction Aims at $200,000
  • How to Sell a Business Without a Broker: New Course Helps Owners Keep More of Their Money
  • Crypto News: AlphaPepe DeFi Exchange Progress Hits 1,000 Demo Users whilst Dogecoin Price Prediction Points To $1.00
  • Good Driver Club Publishes Eligible Events in Full Each Monday
  • The Story Behind Good Driver Club: Why Good Drivers Deserve to Keep More

RSS Latest on Block3Wire

  • The Algorithmic Monographs: A Five-Volume Civil Code for the Age of Autonomous Intelligence
  • Ali Sadhik Shaik: Practitioner, Scholar, and Author – Focused on the Governance of Intelligent Systems
  • The Klyrox Protocol: A Decentralized Framework to Close the AI Accountability Gap
  • Covo Finance: Revolutionary Crypto Leverage Trading Platform
  • WorldStrides and HEX Announce Partnership to Offer High School and University Students Innovative Courses Designed to Improve Their Outlook in the Digital Age

RSS Latest on Meta3Wire

  • The Algorithmic Monographs: A Five-Volume Civil Code for the Age of Autonomous Intelligence
  • Ali Sadhik Shaik: Practitioner, Scholar, and Author – Focused on the Governance of Intelligent Systems
  • The Klyrox Protocol: A Decentralized Framework to Close the AI Accountability Gap
  • Thumbtack Honored as a 2023 Transform Awards Winner
  • Accenture Invests in Looking Glass to Accelerate Shift from 2D to 3D
Web3Wire

Web3Wire is your go-to source for the latest insights and updates in Web3, Metaverse, Blockchain, AI, Cryptocurrencies, DeFi, NFTs, and Gaming. We provide comprehensive coverage through news, press releases, event updates, and research articles, keeping you informed about the rapidly evolving digital world.

  • About Web3Wire
  • Founder’s Note
  • Web3Wire NFTs – The Web3 Collective
  • .w3w TLD
  • $W3W Token
  • Web3Wire DAO
  • Event Partners
  • Community Partners
  • Our Media Network
  • Media Kit
  • RSS Feeds
  • Contact Us

Crypto Coins

  • Top 10 Coins
  • Top 50 Coins
  • Top 100 Coins
  • All Coins – Marketcap
  • Crypto Coins Heatmap

Crypto Exchanges

  • Top 10 Exchanges
  • Top 50 Exchanges
  • Top 100 Exchanges
  • All Crypto Exchanges

Crypto Stocks

  • Blockchain Stocks
  • NFT Stocks
  • Metaverse Stocks
  • Artificial Intelligence Stocks

Web3Wire Whitepaper | Tokenomics

Web3 Resources

  • Top Web3 and Crypto Youtube Channels
  • Latest Crypto News
  • Latest DeFi News
  • Latest Web3 News

Blockchain Resources

  • Blockchain and Web3 Resources
  • Decentralized Finance (DeFi) – Research Reports
  • All Crypto Whitepapers

Metaverse Resources

  • AR VR and Metaverse Resources
  • Metaverse Courses
Claim your space in Web3 with .w3w!

The Klyrox Protocol | The Algorithmic Monographs

Top 50 Web3 Blogs and Websites
Web3Wire Podcast on Spotify Web3Wire Podcast on Amazon Music 
Web3Wire - Web3 and Blockchain - News, Events and Press Releases | Product Hunt
Web3Wire on Google News

Media Portfolio: Block3Wire | Meta3Wire

  • Privacy Policy
  • Terms of Use
  • Disclaimer
  • Sitemap
  • For Search Engines
  • Crypto Sitemap
  • Exchanges Sitemap

© 2024 Web3Wire. We strongly recommend our readers to DYOR, before investing in any cryptocurrencies, blockchain projects, or ICOs, particularly those that guarantee profits.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Coins
    • Top 10 Cryptocurrencies
    • Top 50 Cryptocurrencies
    • Top 100 Cryptocurrencies
    • All Coins
  • Exchanges
    • Top 10 Cryptocurrency Exchanges
    • Top 50 Cryptocurrency Exchanges
    • Top 100 Cryptocurrency Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks

© 2024 Web3Wire. We strongly recommend our readers to DYOR, before investing in any cryptocurrencies, blockchain projects, or ICOs, particularly those that guarantee profits.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.