CG Power and Industrial Solutions Limited (CGPOWER) — Announcement

📢 Key Event
CG Semi begins commercial production at Sanand OSAT facility

🔄 What Changed
Commercial production launched at G1 facility; G2 under development

🔮 What's Next
G2 facility development to scale capacity

💡 Investor Takeaway
This milestone validates CG Power's strategic push into high-growth semiconductor manufacturing with government-backed investment.

CG Semi Private Limited, a joint venture involving CG Power, has commenced commercial production at its G1 OSAT semiconductor facility in Sanand, Gujarat, marking a key milestone in India's semiconductor manufacturing sector. The facility, part of a planned ₹7,600 crore investment over five years, is designed to produce up to 300 million units annually and supports advanced packaging and testing for automotive, defense, and industrial applications. The launch was attended by senior government officials, underscoring strategic importance.

📄 View Original Announcement (PDF)

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