CG Power Ships First Semiconductor Chips from India

CG Power and Industrial Solutions has dispatched its first consignment of semiconductor chips from the Sanand facility in Gujarat. The chips were delivered to Renesas Electronics, signaling India's transition from semiconductor development to active global shipping.

The production is handled by CG Semi, a joint venture involving CG Power, Japan's Renesas Electronics, and Thailand's Stars Microelectronics. The current facility operates with a capacity of 1 million chips per day. This capacity is expected to rise to 16 million daily upon the completion of a second facility currently under construction.

Executive Vice Chairman Vellayan Subbiah stated the company aims to achieve Grade 1 qualification within 18 to 24 months. The venture targets the automotive, industrial, and consumer segments. Once both plants are fully operational, the project is expected to create between 8,000 and 10,000 jobs. Prime Minister Narendra Modi and other senior government officials attended the milestone event.