+
CG Power Ventures into OSAT Facility
POWER & RENEWABLE ENERGY

CG Power Ventures into OSAT Facility

In a strategic move to bolster its presence in the semiconductor and electronics industry, CG Power and Industrial Solutions is set to form a joint venture (JV) to establish an Outsourced Semiconductor Assembly and Test (OSAT) facility in India. This collaboration underscores CG Power's commitment to advancing its capabilities in the electronics sector, aligning with the evolving demands of the market.

The decision to venture into the OSAT domain through a joint venture highlights CG Power's strategic approach to diversifying its portfolio and tapping into the rapidly growing semiconductor industry. The establishment of an OSAT facility positions the company to play a pivotal role in the semiconductor supply chain, catering to the increasing demand for advanced packaging and testing services.

The formation of the joint venture is a significant step towards achieving technological self-sufficiency in semiconductor manufacturing and testing within the country. This move aligns with India's broader vision of becoming a global hub for electronics manufacturing, contributing to the 'Make in India' initiative and reducing dependency on imports for critical electronic components.

The OSAT facility is poised to become a key player in the semiconductor ecosystem, offering advanced assembly and testing services to semiconductor companies operating in India and globally. By localizing these crucial processes, CG Power aims to provide cost-effective and efficient solutions, further strengthening India's position in the global electronics market.

The collaboration between CG Power and its partner in this joint venture signifies a pooling of expertise and resources, fostering innovation and efficiency in semiconductor manufacturing. This partnership is expected to leverage the combined strengths of the involved entities, ensuring the development of a world-class OSAT facility with cutting-edge technology and capabilities.

The establishment of the OSAT facility is anticipated to have positive economic implications, contributing to job creation, skill development, and the overall growth of the electronics manufacturing sector in India. Additionally, by promoting indigenous semiconductor manufacturing, CG Power's initiative aligns with the national objective of building a self-reliant and technologically advanced economy.

In conclusion, CG Power's foray into the OSAT domain through the formation of a joint venture signifies a strategic move towards advancing India's capabilities in semiconductor manufacturing and testing. This initiative not only positions the company as a key player in the electronics industry but also contributes to the nation's goal of achieving self-sufficiency in critical technology domains. As the OSAT facility takes shape, it is expected to play a pivotal role in shaping the future of semiconductor manufacturing in India and beyond.

In a strategic move to bolster its presence in the semiconductor and electronics industry, CG Power and Industrial Solutions is set to form a joint venture (JV) to establish an Outsourced Semiconductor Assembly and Test (OSAT) facility in India. This collaboration underscores CG Power's commitment to advancing its capabilities in the electronics sector, aligning with the evolving demands of the market. The decision to venture into the OSAT domain through a joint venture highlights CG Power's strategic approach to diversifying its portfolio and tapping into the rapidly growing semiconductor industry. The establishment of an OSAT facility positions the company to play a pivotal role in the semiconductor supply chain, catering to the increasing demand for advanced packaging and testing services. The formation of the joint venture is a significant step towards achieving technological self-sufficiency in semiconductor manufacturing and testing within the country. This move aligns with India's broader vision of becoming a global hub for electronics manufacturing, contributing to the 'Make in India' initiative and reducing dependency on imports for critical electronic components. The OSAT facility is poised to become a key player in the semiconductor ecosystem, offering advanced assembly and testing services to semiconductor companies operating in India and globally. By localizing these crucial processes, CG Power aims to provide cost-effective and efficient solutions, further strengthening India's position in the global electronics market. The collaboration between CG Power and its partner in this joint venture signifies a pooling of expertise and resources, fostering innovation and efficiency in semiconductor manufacturing. This partnership is expected to leverage the combined strengths of the involved entities, ensuring the development of a world-class OSAT facility with cutting-edge technology and capabilities. The establishment of the OSAT facility is anticipated to have positive economic implications, contributing to job creation, skill development, and the overall growth of the electronics manufacturing sector in India. Additionally, by promoting indigenous semiconductor manufacturing, CG Power's initiative aligns with the national objective of building a self-reliant and technologically advanced economy. In conclusion, CG Power's foray into the OSAT domain through the formation of a joint venture signifies a strategic move towards advancing India's capabilities in semiconductor manufacturing and testing. This initiative not only positions the company as a key player in the electronics industry but also contributes to the nation's goal of achieving self-sufficiency in critical technology domains. As the OSAT facility takes shape, it is expected to play a pivotal role in shaping the future of semiconductor manufacturing in India and beyond.

Next Story
Infrastructure Urban

India to Invest Rs 600 Billion to Upgrade 1,000 ITIs

As part of its drive to modernise vocational training, the Ministry of Skill Development and Entrepreneurship (MSDE), in collaboration with Gujarat’s Labour and Employment Department, held a State-Level Workshop at the NAMTECH Campus within IIT-Gandhinagar to discuss the National Scheme for ITI Upgradation.The consultation brought together key stakeholders from industry and the training ecosystem to align expectations and support implementation of the scheme, which aims to transform 1,000 Industrial Training Institutes (ITIs) across India using a hub-and-spoke model. The total outlay stands ..

Next Story
Infrastructure Urban

India Unveils Rs 600 Billion Maritime Finance Push

The Ministry of Ports, Shipping & Waterways (MoPSW) hosted the Maritime Financing Summit 2025 in New Delhi, bringing together over 250 stakeholders including policymakers, industry leaders, global investors, and financial institutions. The summit, held under the ambit of Maritime Amrit Kaal Vision (MAKV) 2047, focused on transforming India into a leading maritime power with strengthened financial, infrastructural, and technological capabilities.Union Minister Sarbananda Sonowal emphasised India's strategic progress, noting that average port turnaround times have dropped from four days to u..

Next Story
Infrastructure Urban

Govt Allocates Rs 500 Million To Boost Community Radio

The Central Government, through its ‘Supporting Community Radio Movement in India’ scheme, has allocated Rs 500 million to strengthen the community radio ecosystem across the country. The initiative aims to assist both newly established and long-operational Community Radio Stations (CRSs), ensuring their relevance to local educational, social, cultural, and developmental needs.According to the policy published by the Ministry of Information and Broadcasting, CRSs may be set up by not-for-profit organisations with at least three years of demonstrated community service. These stations are ex..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?