Manjunath Jyothinagara, Managing Director of KAS Group
KAS Group is at the moment sitting on an order guide of over ₹500 crore and expects this to develop practically five-fold to at the very least ₹2,500 crore over the following three years, as demand for semiconductor and superior manufacturing tools gathers tempo in India.
The corporate, which has grown about 40 occasions within the final 5 years, is increasing its footprint because it appears to be like to faucet the rising semiconductor ecosystem, in keeping with Manjunath Jyothinagara, Managing Director of KAS Group.
“Till 2020, we have been in a struggling section, with hardly ₹20 crore in enterprise yearly. However post-COVID, many photo voltaic fabs got here in. Photo voltaic fabs are a subset of semiconductors by way of complexity, challenges, and scale. So, doing photo voltaic gave us a whole lot of confidence to enter the semicon trade,” he stated.
In 2009, Jyothinagara based UHP Applied sciences, a options supplier for ultra-high purity fuel and chemical supply methods. UHP Applied sciences has executed over 275 initiatives throughout India and eight international locations, incomes a contract with Micron Semiconductor’s Gujarat facility.
In 2011, he established KASTECH Equipments, an organization that exports high-purity tools to worldwide markets from a SEMI-compliant cleanroom, and in 2024 based KASFAB Instruments, a contract producer for complicated semiconductor tools.
The KASFAB Instruments facility in Doddaballapur, inaugurated in January 2025, has secured a $2.3 million order from a US buyer. The 20,000 sq ft plant additionally acquired an preliminary funding of ₹20 crore.
The group operates throughout services engineering, high-purity tools manufacturing and semiconductor tools fabrication. Its companies provide methods and tools utilized in superior manufacturing services, together with for semiconductor and photo voltaic manufacturing.
Jyothinagara stated the corporate is seeing rising alternatives as India builds out a home semiconductor ecosystem, with fabs appearing as anchor investments however requiring a broader community of suppliers and tools makers.
The corporate started its semiconductor journey by constructing customized tools for analysis and growth prospects, earlier than transferring into contract manufacturing for international tools makers, with corporations from Europe and the US approaching KAS Group.
“A bigger share of our income comes from photo voltaic. Sooner or later, it will shift in direction of semiconductors as a result of it’s a a lot larger trade,” he stated.
The group can be creating its fourth vertical, KGM Semicon, which is able to manufacture quartz elements used inside semiconductor tools.
“KGM Semicon makes quartz elements that go inside semiconductor tools used to make chips. The quartz half carries the wafer inside, and it has a restricted life. Quartz is delicate, so we now have to maintain making these elements,” the MD shared.
The KGM Semicon facility is deliberate for Dholera, Gujarat, nearer to semiconductor fabs, whereas KAS Group’s current operations in Doddaballapur and Bengaluru will proceed to serve its different companies.
“₹250 crore is the following section of the funding, largely in Dholera as a result of we now have to be nearer to the fab. Quartz, refurbished instruments and elements cleansing — all three will come underneath one roof, underneath one identify known as KGM Semicon,” he stated.
Jyothinagara stated the corporate has intentionally constructed capability forward of demand, permitting it to scale as soon as semiconductor initiatives start inserting bigger orders.
“At present, for tools that goes into services, we will make near 2,000 items right here, even when demand is barely a few hundred. For contract manufacturing, we will simply make 3,000 items. We have now arrange very giant capacities, however it’s going to take a while to grasp the orders.”
Printed on September 21, 2026
