# 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.

- Type: New facility
- Announced: 2025-05-16
- Where: Sanand, Gujarat, India
- Value: $912.0M (76.0B INR)
- Starts operating: Q3 2026
- 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

- [eletimes.ai](https://www.eletimes.ai/indias-semiconductor-push-renesas-cg-power-jv-to-debut-first-chip-by-2026), 2025-05-16: "The JV plans to launch its first chip from a pilot production line by mid-2026, said Renesas CEO Hidetoshi Shibata."

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