MYSURU, INDIA – Kaynes Technology will invest Rs 750 crore ($90 million) for a bare board printed circuit board plant here.

Kaynes SemiCon, a Kaynes subsidiary, also announced an investment of Rs 2,850 crore ($342 million) to develop an OSAT (Outsourced Semiconductor Assembly and Testing) facility in Hyderabad. The facility will also have an Automatic Test Equipment (ATE) and Reliability testing line.

Earlier this month, Kaynes held a groundbreaking ceremony for the facility, which will feature 13 lines for OSAT, one for ATE, and one for reliability testing. Additionally, Kaynes SemiCon will invest Rs 83.3 crore ($10 million) in a co-packaged optics research and development facility for Silicon Photonics in Mysuru.