CG Power and Industrial Solutions Limited has announced a groundbreaking investment of ₹7,600 crore in a state-of-the-art Outsourced Semiconductor Assembly and Test (OSAT) facility in Gujarat. This initiative is a strategic collaboration with Renesas Electronics and Stars Microelectronics, aiming to bolster India’s semiconductor manufacturing ecosystem.

The partnership leverages CG Power’s expertise in industrial solutions, Renesas Electronics’ cutting-edge technology, and Stars Microelectronics’ advanced capabilities in semiconductor assembly and testing. Together, the companies are set to create a robust infrastructure for semiconductor innovation and manufacturing excellence.

This ambitious project aligns with India’s growing emphasis on strengthening its semiconductor industry, addressing global supply chain challenges, and reducing dependency on imports. The proposed facility in Gujarat is expected to enhance domestic semiconductor capabilities, providing a significant boost to the nation’s electronics and technology sectors.

Industry analysts view this investment as a transformative move that could position India as a key player in the global semiconductor market. The collaboration reflects the commitment of all three companies to advance technological solutions and foster innovation in the rapidly evolving semiconductor industry.

With this initiative, CG Power, Renesas Electronics, and Stars Microelectronics aim to create a state-of-the-art ecosystem that supports future advancements in semiconductor technologies. The project is expected to generate significant employment opportunities and drive economic growth in the region, cementing Gujarat’s status as a hub for industrial and technological excellence.