Quantum‑Safe Chips: SEALSQ and Kaynes Semicon Forge India’s 1st PQC Frontier

SEALSQ Corp and Kaynes Semicon have launched India’s first Post-Quantum Cryptography (PQC) Personalization Center in Gujarat, marking a major milestone in the country’s semiconductor and cybersecurity strategy. The joint venture, SEALKAYNESQ Ltd, will integrate secure semiconductor design, PKI, and PQC technologies to strengthen India’s digital infrastructure and national security.

Post‑Quantum Cryptography (PQC) refers to a new generation of encryption algorithms designed to remain secure even against attacks from powerful quantum computers. Unlike today’s widely used methods such as RSA or elliptic‑curve cryptography, PQC algorithms are built on mathematical problems that quantum computers cannot easily solve.

Key Highlights of the Joint Venture

• Partners: SEALSQ Corp (subsidiary of WISeKey International Holding AG) and Kaynes Semicon
• Entity: SEALKAYNESQ Ltd, a new JV company established in India
• Location: Gujarat, within Kaynes Semicon’s Outsourced Semiconductor Assembly and Test (OSAT) facility
• Focus Areas:
  • Post-Quantum Cryptography (PQC) personalization
  • Secure semiconductor design and testing
  • Public Key Infrastructure (PKI) integration
• Ownership: SEALSQ will hold a majority stake, licensing its PQC semiconductor IP to the JV
• Strategic Goal: Enhance India’s semiconductor ecosystem while providing quantum-resistant cybersecurity solutions

Why This Matters

• National Security: PQC ensures resilience against future quantum computing threats
• Digital Sovereignty: Onshore personalization of secure chips reduces reliance on foreign supply chains
• Economic Impact: Strengthens India’s semiconductor strategy
• Global Positioning: Positions India as a leader in PQC-enabled semiconductor solutions

Comparison: SEALSQ vs Kaynes Semicon Roles

Partner	Strengths & Contributions	Role in JV
SEALSQ Corp	Expertise in semiconductors, PKI, PQC hardware/software; global cybersecurity leader	Provides PQC IP, secure semiconductor technology, majority stake
Kaynes Semicon	Advanced manufacturing capabilities, OSAT facility in Gujarat	Hosts personalization center, provides local manufacturing and testing infrastructure

Risks & Challenges

• Quantum Readiness Gap: PQC adoption is still emerging
• Supply Chain Dependencies: Raw material and advanced equipment may still rely on imports
• Global Competition: Other countries are also racing to establish PQC infrastructure

Takeaway

This JV is India’s first step toward building a quantum-secure semiconductor ecosystem, combining SEALSQ’s cybersecurity expertise with Kaynes Semicon’s manufacturing strength. For India’s digital economy, it’s a strategic move to safeguard against quantum-era threats while boosting domestic semiconductor capabilities.

UST and Kaynes Semicon Partner to Set Up a Rs 3,330 Crore Joint Venture for Semiconductor Manufacturing in India

UST, a leading AI and technology transformation solutions company, has announced a strategic investment in Kaynes Semicon, a prominent Indian semiconductor manufacturer. The investment arrangement lays the foundation for greater collaboration between the two firms as they work together to power the next era of electronics and Electric Vehicles (EVs), renewables, and consumer technology. Furthermore, the partnership advances India's ambition to become a leading semiconductor hub, promoting quality, reliability, and local value, while providing advanced solutions globally.

UST’s worldwide presence and existing semiconductor client base make it a valuable partner for Kaynes Semicon, creating opportunities for new customers to leverage the benefits of Indian assembly and testing. The partnership will also take advantage of UST’s digital engineering, AI-driven process improvements, and real-time data analysis, which are all essential for scale, reliability, and avoiding hidden costs.

Guided by the “Make in India” growth strategy, this collaboration comes as India’s semiconductor industry continues to mature, moving toward its long-term goals of self-reliance and next-generation technology leadership. The two leaders in electronics and engineering will further these efforts by establishing a Rs 3,300 crore world-class OSAT (Outsourced Semiconductor Assembly and Test) facility in Sanand, Gujarat. OSAT remains relatively new in India, and its successful development requires a combination of Kaynes’ experience in the sector and UST’s strengths in R&D and testing.

Krishna Sudheendra, CEO, UST

“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,” said Krishna Sudheendra, Chief Executive Officer, UST.

Gilroy Mathew, COO, UST

“Kaynes Semicon is built around the same values as UST, and I am excited to strengthen ties between our two great companies. Together, we will collaborate to meet rising global demand by accelerating the development, manufacturing, and assembly of advanced semiconductor components in India,” said Gilroy Mathew, Chief Operating Officer, UST.

"Our partnership with UST brings together world-class manufacturing and digital engineering expertise. This enables Kaynes Semicon to deliver advanced OSAT solutions while strengthening India’s self-reliant semiconductor ecosystem," said Raghu Panicker, Chief Executive Officer, Kaynes Semicon Private Limited.

​"Kaynes Semicon’s collaboration with UST is a proud milestone for the “Make in India” mission. Together, we are creating a platform that will set benchmarks for semiconductor assembly, testing, and innovation, not just for India but for the global market," said Ramesh Kannan, Promoter & Executive Vice Chairman, Kaynes Technology India Limited.

Kaynes Semicon is a wholly owned semiconductor subsidiary of Kaynes Technology India Ltd. Incorporated in 2008, Kaynes Technology is a leading end-to-end and IoT solutions-enabled integrated electronics manufacturing company, and is a listed company (BSE: 543664, NSE: KAYNES) in India.