CG Power Opens Rs 76 Billion Chip Plant in Gujarat

01 Sep 2025 CW Team

The new OSAT facility positions CG Semi among the country's pioneering chip packaging and testing providers, offering both traditional and advanced packaging solutions. The initiative, supported by both central and state governments, has been developed in collaboration with global semiconductor players Renesas and Stars Microelectronics.

CG Semi plans to invest more than Rs 76 billion (approx. USD 870 million) over five years to build two advanced facilities—G1 and G2—in Sanand. The G1 unit, inaugurated on August 28, will reach a peak capacity of 0.5 million units per day and is equipped for end-to-end chip assembly, packaging, testing, and post-test processes. It boasts high-yield machinery, a level-1 automated manufacturing execution system (MES) for traceability, and in-house labs for failure and reliability analysis. The facility is currently undergoing ISO 9001 and IATF 16949 certifications, with customer qualification runs set to begin shortly.

Commercial production is expected to start in calendar year 2026, in line with CG Semi’s commitment to India Semiconductor Mission (ISM). Meanwhile, the G2 facility—located 3 km from G1—is under construction and will scale operations to handle up to 14.5 million units daily by the end of 2026. Combined, the two sites are projected to create over 5,000 direct and indirect jobs.

Speaking at the launch, CG Power Chairman Vellayan Subbiah called the facility a “national milestone,” underscoring its significance in the Indian government’s vision of technological sovereignty. “Every chip we make here is a step toward India's self-reliance,” he said.

On the Bombay Stock Exchange, CG Power’s shares closed at Rs 663.65 on August 28, down by Rs 7.55 or 1.12 per cent.

Engineering firm CG Power and Industrial Solutions Ltd announced on Thursday that its subsidiary, CG Semi Private Ltd, has inaugurated India’s first full-service outsourced semiconductor assembly and test (OSAT) facility in Sanand, Gujarat. This development marks a significant milestone in India's semiconductor mission, boosting the nation’s manufacturing self-reliance and its presence in global chip markets.The new OSAT facility positions CG Semi among the country's pioneering chip packaging and testing providers, offering both traditional and advanced packaging solutions. The initiative, supported by both central and state governments, has been developed in collaboration with global semiconductor players Renesas and Stars Microelectronics.CG Semi plans to invest more than Rs 76 billion (approx. USD 870 million) over five years to build two advanced facilities—G1 and G2—in Sanand. The G1 unit, inaugurated on August 28, will reach a peak capacity of 0.5 million units per day and is equipped for end-to-end chip assembly, packaging, testing, and post-test processes. It boasts high-yield machinery, a level-1 automated manufacturing execution system (MES) for traceability, and in-house labs for failure and reliability analysis. The facility is currently undergoing ISO 9001 and IATF 16949 certifications, with customer qualification runs set to begin shortly.Commercial production is expected to start in calendar year 2026, in line with CG Semi’s commitment to India Semiconductor Mission (ISM). Meanwhile, the G2 facility—located 3 km from G1—is under construction and will scale operations to handle up to 14.5 million units daily by the end of 2026. Combined, the two sites are projected to create over 5,000 direct and indirect jobs.Speaking at the launch, CG Power Chairman Vellayan Subbiah called the facility a “national milestone,” underscoring its significance in the Indian government’s vision of technological sovereignty. “Every chip we make here is a step toward India's self-reliance,” he said.On the Bombay Stock Exchange, CG Power’s shares closed at Rs 663.65 on August 28, down by Rs 7.55 or 1.12 per cent.

Real Estate

05 Aug 2026

CREDAI-MCHI to Host 10th Design & Construction Conference

CREDAI-MCHI will host the 10th anniversary edition of its Design & Construction Conference on August 19, 2026, at the Jio World Convention Centre in Mumbai.The event is expected to bring together more than 500 procurement leaders, construction heads, architects, consultants and senior real estate decision-makers, alongside over 50 construction and ancillary brands.The conference will feature product launches, technology showcases, knowledge sessions, strategic business-to-business networking and recognition of procurement professionals contributing to the transformation of the construction..

Infrastructure Energy

05 Aug 2026

BorgWarner Wins Extension for High-Voltage Inverter Programmes

BorgWarner has secured a major extension of several high-volume high-voltage inverter programmes from a leading European automotive manufacturer.The contracts cover updated inverter designs for plug-in hybrid and 800V battery-electric vehicle applications. Production is scheduled to begin in 2029.Isabelle McKenzie, President and General Manager, BorgWarner PowerDrive Systems, said the programme extensions demonstrate the company’s position in power electronics and reflect the strength of its technology, in-house expertise and customer relationships.For plug-in hybrid vehicles, BorgWarner wil..

Infrastructure Urban

05 Aug 2026

Castrol India Q2 Profit Rises 43% to Rs 3.48 bn

Castrol India reported a 43 per cent year-on-year increase in profit after tax to Rs 3.48 billion for the quarter ended June 30, 2026, supported by growth across its consumer, industrial and institutional businesses.Revenue from operations increased 25 per cent to Rs 18.71 billion during the second quarter of 2026, compared with Rs 14.97 billion in the corresponding period of 2025. EBITDA rose 41 per cent to Rs 4.94 billion from Rs 3.50 billion.Sequentially, revenue increased from Rs 15.45 billion in the first quarter of 2026, while EBITDA rose from Rs 3.29 billion. Profit after tax increased ..