VCI Global, Kinesis to establish semiconductor wire plant in Chennai
VCI Global is establishing India’s first semiconductor wire manufacturing plant in partnership with Kinesis Manufacturing Solutions.
This facility will specialize in producing semiconductor wire bonding, a key element in chip manufacturing.
The 25,000 SqFt plant will be located in Chennai, with an initial investment of 3.5 USD-Million. Operations will begin in the third quarter of 2025 with a single production line.
Reaching mass production in the same quarter, the plant expects to generate up to 50 USD-Million, ensuring a full return on investment within just 12 months.
Additionally, plans are already in motion to expand to four production lines, pushing annual revenue toward an impressive 200 USD-Million.