CGPOWER NSE filing

CG Semi Commences Production at ₹7,600 Crore OSAT Facility in Sanand

The RealCase readHigh impact Positive

CG Semi, a JV involving CG Power, has started commercial production at its G1 OSAT facility in Sanand, Gujarat. The facility has a capacity of 300 million units/year. CG Semi is investing over ₹7,600 crore in two OSAT facilities.

Why it matters

The news pertains to the operationalization of a major manufacturing facility with substantial investment, marking a key step in the semiconductor value chain, which has a significant long-term impact on the company's growth and India's industrial landscape.

The market read

The commencement of commercial production at a significant semiconductor facility, with high investment and government presence, is a positive development for the company and the country's semiconductor manufacturing capabilities.

CG Semi Private Limited (CG Semi), a joint venture between CG Power and Industrial Solutions Ltd., Renesas Electronics Corporation, and Stars Microelectronics, has announced the commencement of commercial production at its G1 Outsourced Semiconductor Assembly and Test (OSAT) facility in Sanand, Gujarat. The facility, which was inaugurated in August 2025, has a peak capacity of up to 300 million units per year.

This significant milestone was marked by the presence of key dignitaries including the Hon’ble Prime Minister of India Shri Narendra Modi, Hon’ble Chief Minister of Gujarat Shri Bhupendra Patel, and Hon’ble Minister of Railways, Information & Broadcasting and Electronics & Information Technology Shri Ashwini Vaishnaw.

CG Semi is investing over ₹7,600 crore over five years to develop two OSAT facilities, G1 and G2. The G2 facility is currently under development and is expected to further scale production capacity. The company has focused on building a strong talent base by training Indian engineers, operators, and technicians for high-volume OSAT operations.

The G1 facility is equipped with advanced systems for high-yield production, robust process controls, manufacturing traceability, and in-house reliability and failure analysis capabilities, underscoring a commitment to quality. Mr. Vellayan Subbiah, Chairman, CG Power, expressed his satisfaction with the commencement of production, highlighting the collective effort behind the venture.

Filing to action

What to do with a filing like this

CG Power and Industrial Solutions Limited filed this with the NSE as a statutory disclosure, categorised under other corporate actions. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.

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Primary source

A plain-language summary of a public exchange filing by CG Power and Industrial Solutions Limited. Read the original for the full detail.

View original filing