First end-to-end OSAT facilities - CG Power & Industrial Solutions Ltd

Code BSE: 500093 NSE:

CG Semi Private Limited , a subsidiary of CG Power and Industrial Solutions Limited and part of the Murugappa Group, has announced the launch of its first Outsourced Semiconductor Assembly and Test (OSAT) facility in Sanand, Gujarat. With this launch, CG Semi becomes one of India’s first full-service OSAT providers, offering solutions across both traditional and advanced packaging technologies. This marks a major step in strengthening India’s semiconductor capabilities and supporting the country’s goal of becoming self-reliant while also serving global markets. Backed by central and state government support, and in collaboration with Renesas and Stars Microelectronics, CG Semi is investing over ₹7,600 crore (~USD 870 million) over five years to develop two state-of-the-art facilities (G1 and G2) in Sanand, Gujarat