CG Semi OSAT Goes Live at Sanand; ISM 2.0's ₹1.25 Lakh Crore Awaits Cabinet Sign-Off
PM Modi inaugurated CG Semi's OSAT facility in Sanand, Gujarat on July 4, 2026 — a ₹7,600 crore plant (CG Power JV with Japan's Renesas and Thailand's Stars Microelectronics) that will produce advanced FC-BGA and FC-CSP chips for automotive, 5G and industrial customers, making it India's third operational chip packaging unit after Micron (Feb 2026) and Kaynes Semicon (Mar 2026), per the India Semiconductor Mission website; separately, the Expenditure Finance Committee has cleared ISM 2.0 at ₹1.25 lakh crore (US$13.21 billion, IBEF, ~Jul 2026), a 64% jump over ISM 1.0's ₹76,000 crore, now awaiting Cabinet approval. For builders, Sanand's three-plant OSAT cluster means domestic chip testing and packaging slots exist today — fabless design startups building for automotive or 5G should begin qualifying their tape-outs against these facilities now, before ISM 2.0 demand floods the queue.
Source: IBEF / India Semiconductor Mission ↗