CG Power and Industrial Solutions Ltd. (CGPOWER) — Tipsheet https://tipsheet.markets/company/cgpower/ Every Tipsheet Editorial note covering CG Power and Industrial Solutions Ltd. (CGPOWER), newest first. Grounded in BSE/NSE primary-source filings. en-in Mon, 06 Jul 2026 10:22:47 GMT CG Power's OSAT JV begins commercial chip production in Gujarat https://tipsheet.markets/cgpower-cg-power-s-osat-jv-begins-commercial-chip-production-in-gujarat-119211/ https://tipsheet.markets/cgpower-cg-power-s-osat-jv-begins-commercial-chip-production-in-gujarat-119211/ Sat, 04 Jul 2026 20:27:27 GMT G1 facility in Sanand can produce up to **300 million chips per year**; total five-year investment of **₹7,600 crore** for two OSAT plants. G1 facility in Sanand can produce up to 300 million chips per year; total five-year investment of ₹7,600 crore for two OSAT plants.

What’s new

  • CG Semi started commercial production at its Sanand OSAT facility on 4 July 2026.
  • G1 unit has peak capacity of 300 million chips per year; G2 is under development.
  • PM Modi, Gujarat CM, and Union Minister attended, signalling national importance.

Why it matters

The commencement moves the semiconductor JV from development to revenue generation, providing CG Power entry into the high-growth chip assembly and test market. With backing from Renesas and Stars Micro and visible government support, the JV could become a meaningful long-term earnings contributor.

What we’re watching

  • Ramp-up of G1 utilisation and first quarterly OSAT revenue.
  • Timeline for G2 facility completion.
  • Any further government incentives or partnerships.

The full read

CG Power's joint venture CG Semi started commercial production at its OSAT facility in Sanand, Gujarat, on 4 July 2026. The G1 unit, inaugurated in August 2025, has a peak capacity of 300 million chips per year and has completed equipment installation, process stabilisation and customer qualification. CG Semi is investing over ₹7,600 crore over five years in two OSAT facilities, with G2 under development. Prime Minister Narendra Modi attended the launch, signalling strong government backing for the project. The JV, which also involves Renesas and Stars Micro, now shifts from buildout to revenue generation — a meaningful step for CG Power's diversification into high-tech manufacturing.

Primary source: BSE · NSE

]]> Other Tipsheet Editorial