CG Power Shares Gain for 4th Consecutive Session, Up 10% After Launch of Its First OSAT Facilities

CG Semi Private Limited, a subsidiary of CG Power and Industrial Solutions Limited (Murugappa Group), has officially launched one of its first end-to-end OSAT (Outsourced Semiconductor Assembly and Test) facilities in Sanand, Gujarat. This move is a key milestone in India's journey towards semiconductor self-reliance and aligns with the Atmanirbhar Bharat vision.

CG Semi Sanand OSAT Facility: ₹7,600 Crore Investment and National Milestone

The G1 facility was inaugurated and is designed for full-scale semiconductor packaging, assembly, and testing. With a projected peak capacity of 0.5 million units per day, it includes Level 1 automation, MES systems, and in-house reliability and failure analysis labs. The larger G2 facility, 3 km away, is expected to be operational by end-2026, with a future capacity of 14.5 million units per day.

Strategic Partnerships and Semiconductor Workforce Upskilling

CG Semi’s ₹7,600 crore investment is backed by central and state governments and supported through strategic partnerships with Renesas Electronics and Stars Microelectronics. To prepare for high-volume operations, over 1,000 years of collective semiconductor experience have been assembled within the leadership team. Additionally, Indian engineers, operators, and technicians underwent 3 months of hands-on training in Malaysia.

Read More: SEMICON India 2025: Govt to Disclose Phase-II Plans for Semiconductor Industry!

Commercial Production by 2026 and 5,000+ Job Creation

Commercial production is scheduled to begin in the calendar year 2026, in line with CG Semi’s commitment to the India Semiconductor Mission (ISM). The G1 and G2 facilities are expected to create over 5,000 direct and indirect jobs, playing a pivotal role in building India's semiconductor ecosystem and reducing dependency on global supply chains.

About CG Semi and Murugappa Group

CG Semi is a joint venture of CG Power (Murugappa Group), Renesas, and Stars Microelectronics. It offers advanced packaging across SOIC, QFP, QFN, BGA, FCQFN, and FCBGA for sectors like Automotive, Defence, Infrastructure, and IoT. Murugappa Group is a 125-year-old ₹90,178 crore conglomerate with 9 listed entities and a workforce of 94,041, spanning industries from auto components to financial services.

CG Power and Industrial Solutions Share Price Performance

On September 3, 2025, CG Power and Industrial Solutions share price opened at ₹748.00 on NSE, above the previous close of ₹739.65. During the day, it surged to ₹756.95 and dipped to ₹739.25. The stock is trading at ₹741.65 as of 11:49 AM. The stock registered a marginal change of 0.27%.

Over the past week, it has moved up by 11.69%, over the past month, it has moved up by 9.03%, and over the past 3 months, it has moved up by 9.33%.

Conclusion

CG Semi’s Sanand OSAT facility marks a foundational shift in India’s semiconductor journey. With world-class infrastructure, strategic collaborations, and a skilled workforce, the initiative strengthens India's path to tech sovereignty and builds robust manufacturing capabilities under the Atmanirbhar Bharat mission.

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