TL;DRModi has inaugurated commercial production at CG Semi’s $870m OSAT plant in Sanand, Gujarat, which will initially package 200 million chips a year and scale to 500 million. It is the third packaging plant to come online under the India Semiconductor Mission, after Micron and Kaynes Semicon.
Prime Minister Narendra Modi has inaugurated commercial production at CG Semi’s chip assembly and testing plant in Sanand, Gujarat. The facility will initially turn out 200 million chips a year, according to ANI, with plans to scale to 500 million.
The plant is an outsourced semiconductor assembly and test, or OSAT, facility. That covers the packaging and testing end of the chip supply chain rather than fabricating silicon from scratch.
CG Semi is a joint venture between Mumbai-listed CG Power and Industrial Solutions, Japan’s Renesas Electronics, and Thailand’s Stars Microelectronics. CG Power holds 92.3% of the venture, which is investing INR 7,600 crore (around $870m) over five years.
The 💜 of EU techThe latest rumblings from the EU tech scene, a story from our wise ol' founder Boris, and some questionable AI art. It's free, every week, in your inbox. Sign up now!New Delhi is covering as much as half the eligible capital expenditure through a subsidy worth up to $404m under the India Semiconductor Mission. The same programme recently pulled in Intel and 3DGS for a $3.3bn glass-substrate plant in Odisha.
