# CG Power, Renesas and Stars Microelectronics to build OSAT facility in Sanand, Gujarat

CG Power, Renesas Electronics and Stars Microelectronics have formed a joint venture to establish an Outsourced Semiconductor Assembly and Test (OSAT) facility in Sanand, Gujarat, India. The JV plans to invest INR 7,600 crores over five years, with a production capacity of up to 15 million units per day.

- Type: New facility
- Announced: 2024-02-29
- Where: Sanand, Gujarat, India
- Value: $915.0M (76.0B INR)
- Status: announced
- Capacity: 15 million units per day
- Products: semiconductor packages (QFN, QFP, FC BGA, FC CSP)
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [CG Power and Industrial Solutions](https://endata.com/companies/16858.md)
- [Renesas Electronics Corporation](https://endata.com/companies/19562.md) (partner)
- [Stars Microelectronics](https://endata.com/companies/75944.md) (partner)

## Sources

- [business-news-today.com](https://business-news-today.com/cg-power-renesas-electronics-and-stars-microelectronics-launch-semiconductor-manufacturing-jv-in-india/), 2024-03-01: "This is a very exciting phase for the entire nation, and we are very keen to build out India's semiconductor capability and ecosystem."
- [ceoinsightsindia.com](https://www.ceoinsightsindia.com/news/cg-power-renesas-and-stars-microelectronics-to-build-semiconductor-facility-in-india-nwid-16853.html), 2024-03-01: "CG's entry into the semiconductor manufacturing marks a strategic diversification for us."
- [efemag.co.uk](https://efemag.co.uk/cg-power-and-industrial-solutions-limited-renesas-and-stars-microelectronics-to-jointly-build-outsourced-semiconductor-assembly-and-test-facility-in-india/), 2024-03-01: "CG Power and Industrial Solutions Limited, Renesas Electronics Corporation, and Stars Microelectronics had recently signed a Joint Venture Agreement to establish a JV to build and operate an OSAT facility in India."
- [semiconductor-digest.com](https://www.semiconductor-digest.com/cg-power-and-industrial-solutions-limited-renesas-and-stars-microelectronics-to-jointly-build-outsourced-semiconductor-assembly-and-test-facility-in-india/), 2024-03-01: "CG's entry into the semiconductor manufacturing marks a strategic diversification for us."
- [swarajyamag.com](https://swarajyamag.com/tech/fabinindia-all-about-murugappa-groups-foray-into-semiconductors-via-cg-powers-7600-crore-osat-plant-in-gujarat), 2024-03-02: "The JV will set up the OSAT manufacturing facility in Sanand, Gujarat, with a capacity that will ramp up to 15 million daily units."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.