NSEPress Release4 Jul 2026 · 4 Jul 2026, 08:27 pm
Press Release
CG Power and Industrial Solutions Limited · CGPOWER
✦ AI Summary▲ PositiveExpansion
CG Power and Industrial Solutions Limited's subsidiary, CG Semi, has commenced commercial production at its G1 OSAT facility in Sanand, Gujarat, marking a key milestone in India's semiconductor manufacturing journey.
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Full Announcement
CG Power and Industrial Solutions Limited has informed the Exchange regarding a press release dated July 04, 2026, titled "CG Semi commences commercial production at its G1 OSAT facility in Sanand, Gujarat".
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CG Power and Industrial Solutions Limited
Registered Office:
ONE UNITY CENTER, Unit Nos. 1504-1508,
Senapati Bapat Marg, Prabhadevi, Mumbai – 400013, India
T: +91 22 3120 7777 W: www.cgglobal.com
Corporate Identity Number: L99999MH1937PLC002641
Our Ref: COSEC/045/2026-27 4th July 2026
By portal
The Corporate Relationship Department The Assistant Manager - Listing
BSE Limited National Stock Exchange of India Ltd.
1st Floor, New Trading Ring Exchange Plaza, Bandra-Kurla Complex,
Rotunda Building, Bandra (East),
Phiroze Jeejeebhoy Towers, Mumbai 400 051
Dalal Street, Mumbai 400 001
Scrip Code : 500093 Scrip Id : CGPOWER
Dear Sir/Madam,
Sub: Press Release
Please find enclosed Press Release dated 4th July 2026 issued by CG Semi Private Limited, a
subsidiary of the Company.
Request you to kindly take the same on record.
Thanking You.
Yours faithfully,
For CG Power and Industrial Solutions Limited
Sanjay Kumar Chowdhary
Company Secretary and Compliance Officer
Encl.: As above.
Press Release
CG Semi commences commercial production at its G1 OSAT facility in Sanand,
Gujarat
A key milestone in India’s semiconductor manufacturing journey
Sanand, Gujarat, 4 July 2026: CG Semi Private Limited (CG Semi), established as a joint
venture between CG Power and Industrial Solutions Ltd. of the Murugappa Group,
Renesas Electronics Corporation, and Stars Microelectronics. Headquartered in Gujarat,
CG semi today announced the commencement of commercial production at its G1
Outsourced Semiconductor Assembly and Test facility in Sanand. The launch was held
in the august presence of 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.
The G1 facility, inaugurated in August 2025, has a peak capacity of up to 300 million units
per year. Since inauguration, the facility has progressed through equipment installation,
process stabilization, workforce training, customer qualification, and quality readiness.
With commercial production now underway, CG Semi is positioned to serve customers
across the globe.
Backed by central and state government support, and in collaboration between CG
Power, Renesas Electronics Corporation and Stars Microelectronics, CG Semi is
investing over ₹7,600 crore over five years to develop two OSAT facilities – G1 and G2.
While G1 has now commenced commercial production, the second facility, G2, is under
development and will significantly scale CG Semi’s production capacity once
operational.
CG Semi has built a strong talent foundation by bringing together semiconductor
professionals with deep experience across assembly, packaging and testing. The
company has invested in training Indian engineers, operators, and technicians for high-
volume OSAT operations, strengthening India’s semiconductor talent base.
Quality has been central to CG Semi’s operating model from day one. The G1 facility is
equipped with high-yield production systems, robust process controls, manufacturing
traceability, and in-house reliability and failure analysis capabilities.
Speaking on the occasion, Mr. Vellayan Subbiah, Chairman, CG Power, said, “Today, this
first shipment speaks louder than any words. It reflects the enormous belief behind these
small chips and the combined e(cid:431)ort of a remarkable team.”
About CG Semi
CG Semi is one of India’s first dedicated Outsourced Semiconductor Assembly and Test
companies, established as a joint venture between CG Power and Industrial Solutions
Ltd. of the Murugappa Group, Renesas Electronics Corporation, and Stars
Microelectronics. Headquartered in Sanand, Gujarat, CG Semi provides turnkey
solutions for semiconductor assembly and test across traditional and advanced
packages. The company serves applications across automotive, defence, infrastructure,
industrial, and IoT sectors.
For more information, please visit www.cgsemi.com
X: @CGSEMI_O(cid:431)icial
LinkedIn: CG Semi
For media information, please contact:
Jini PK: +91 94450 34039
About Murugappa Group
A 125-year-old conglomerate with presence across India and the world, the INR 902
billion (90,178 crore) Murugappa Group has diverse businesses in agriculture,
engineering, financial services and more.
The Group has 10 listed companies: Carborundum Universal Limited, CG Power &
Industrial Solutions Limited, Cholamandalam Financial Holdings Limited,
Cholamandalam Investment & Finance Company Limited, Coromandel International
Limited, E.I.D.-Parry (India) Limited, NACL Industries Limited, Shanthi Gears Limited,
Tube Investments of India Limited, and Wendt (India) Limited. Other major companies
include Cholamandalam MS General Insurance Company Limited and Parry Agro
Industries Limited. Brands such as Ajax, Hercules, BSA, Montra, Montra Electric, Mach
City, Chola, Chola MS, CG Power, Shanthi Gears, CUMI, Gromor, Paramfos, Parry’s are
part of the Group’s illustrious stable.
Abrasives, technical ceramics, electrominerals, electric vehicles, auto components,
fans, transformers, signalling equipment for railways, bicycles, fertilisers, sugar, tea, and
several other products make up the Group’s business interests.
Guided by the Five lights — integrity, passion, quality, respect, and responsibility — and
a culture of professionalism, the Group has a workforce of 94,041employees.
For more details, visit https://www.murugappa.com/