Archive · 1 Sep 2025
CG Power Shares Surge Following India's First OSAT Facility Launch
Imagine a factory that puts together and tests tiny computer chips, like the ones in your phone or car.
CG Power just opened one of these factories in India, called an OSAT facility.
This is a big deal because it's one of the first of its kind in the country!
The company invested a lot of money to build this factory, and experts are excited because it should make the company grow.
The factory is expected to start producing chips in 2026 and will create thousands of jobs.
This new factory is part of India's plan to make its own computer chips and become less dependent on other countries.
CG Power shares increased 3.56% after the launch of its semiconductor facility.
The OSAT facility is located in Sanand, Gujarat, India.
Morgan Stanley initiated coverage on CG Power with an ‘Overweight’ rating.
The facility represents a ₹7,600 crore investment and will begin commercial production in 2026.
The facility aims to serve automotive, defense, and other industries.
- Who
- CG Power and Industrial Solutions
- What
- Launched India’s first OSAT (Outsourced Semiconductor Assembly and Test) facility.
- When
- August 28, 2025, with the stock surge reported on September 1, 2025.
- Where
- Sanand, Gujarat, India.
- Why
- To advance India's semiconductor manufacturing capabilities and achieve self-reliance in chip production.
- Company
- CG Power and Industrial Solutions
- Stock Gain
- 3.56%
- Share Price
- ₹719 (intraday high ₹726.20)
- Facility Location
- Sanand, Gujarat, India
- Facility Type
- OSAT (Outsourced Semiconductor Assembly and Test)
- Investment
- ₹7,600 crore
- Expected Production Start
- 2026
- Analyst Rating
- Overweight (Morgan Stanley)