Renesas-CG Power JV to build OSAT plant in Sanand, Gujarat

CG Power and Industrial Solutions, Renesas Electronics and Stars Microelectronics have formed a joint venture to set up an OSAT plant in Sanand, Gujarat, with a pilot production line expected to launch its first chip by mid-2026. The JV will invest ₹7,600 crore over five years and aims for a capacity of 15 million units per day.

“The JV plans to launch its first chip from a pilot production line by mid-2026, said Renesas CEO Hidetoshi Shibata.”eletimes.ai

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• eletimes.aiIndia’s Semiconductor Push: Renesas-CG Power JV to Debut First Chip by 2026 - ELE TimesELE Times NewsMay 16, 2025

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