# CG Semi lays foundation for Rs 7,600 crore OSAT facility in Sanand, Gujarat

CG Semi, a subsidiary of CG Power & Industrial Solutions, laid the foundation stone for a new OSAT facility in Sanand, Gujarat. The joint venture with Renesas Electronics and Stars Microelectronics involves an investment of Rs 7,600 crores over five years and will create about 5,000 jobs.

- Type: New facility
- Announced: 2024-03-13
- Where: Sanand, Gujarat, India
- Value: $914.0M (76.0B INR)
- Jobs: 5,000
- Status: under construction
- Capacity: 1.5 crore units per day
- Products: QFN, QFP, FC BGA, FC CSP
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [CG Semi](https://endata.com/companies/76222.md)
- [CG Power and Industrial Solutions](https://endata.com/companies/16858.md) (investor)
- [Renesas Electronics Corporation](https://endata.com/companies/19562.md) (partner)
- [Stars Microelectronics (Thailand)](https://endata.com/companies/75567.md) (partner)

## Sources

- [business-standard.com](https://www.business-standard.com/markets/capital-market-news/cg-semi-lays-foundation-stone-for-rs-7-600-cr-sanand-factory-124031300159_1.html), 2024-03-13: "This facility will manufacture a wide array of products ranging from legacy packages such as QFN and QFP to advanced packages such as FC BGA, and FC CSP."

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