CG Semi Private Ltd. is a joint venture uniting CG Power and Industrial Solutions Limited, Renesas Electronics America Inc., and Stars Microelectronics (Thailand) Public Co., Ltd. We specialize in Outsourced Semiconductor Assembly and Testing (OSAT) services, offering comprehensive test services on a global scale.
Founded in 1900, the Rs. 547 Billion (Rs. 54,722 Crores) Murugappa Group is one of India’s leading business conglomerates. The Group has 29 businesses including ten listed Companies traded in NSE & BSE. Headquartered in Chennai, the major Companies of the Group include Carborundum Universal Ltd., CG Power and Industrial Solutions Ltd., Cholamandalam Financial Holdings Ltd., Cholamandalam Investment and Finance Company Ltd., Cholamandalam MS General Insurance Company Ltd., Coromandel International Ltd., Coromandel Engineering Company Ltd., E.I.D. Parry (India) Ltd., Parry Agro Industries Ltd., Shanthi Gears Ltd., Tube Investments of India Ltd. and Wendt (India) Ltd.
The Group holds leadership position in several product lines including Abrasives, Technical Ceramics, Electro Minerals, Auto Components & Systems, Power Conversion Equipment, Transformers & Reactors for the Power T&D segment, solutions for Railways in Rolling Stock & Signalling Equipment, Bicycles, Fertilisers, Sugar, Tea and Spirulina (Nutraceuticals). The Group has forged strong alliances with leading international companies such as Groupe Chimique Tunisien, Foskor, Mitsui Sumitomo, Morgan Advanced Materials, Yanmar & Co. and Compagnie Des Phosphat De Gafsa (CPG). The Group has a wide geographical presence all over India and spanning 6 continents.
Renowned brands like BSA, Hercules, Montra, Mach City, Ballmaster, Ajax, Rhodius, Parry’s, Chola, Gromor, Shanthi Gears and Paramfos are from the Murugappa stable. The Group fosters an environment of professionalism and has a workforce of over 59,000 employees.
For more details, visit https://www.murugappa.com/
THE COMPANY
CG is an engineering conglomerate with an impressive and diverse portfolio of products, solutions and services for Power and Industrial equipment and solutions, addressing myriad needs.
CG Power and Industrial Solutions Limited is an engineering conglomerate headquartered in Mumbai, India. The Company is a leader in the Electrical Engineering Industry and has two business lines—Industrial Systems and Power Systems. It manufactures Traction Motors, Propulsion systems, Signaling Relays etc., for the Indian Railways, and wide range of Induction Motors, Drives, Transformers, Switchgears, and other allied products for the Industrial and Power sectors. Recently, the Company also made a foray into the business of Consumer Appliances such as Fans, Pumps, and Water Heaters. The Company has world-class manufacturing plants across 9 locations in India and one in Sweden, and a Pan India network of 5 Regional and 14 Branch offices, with around 3,113 employees. The Company’s consolidated revenue for FY24 was Rs 8,046 crores (USD 964 million).
The Company continues to excel and maintain its leadership position across its businesses, backed by its outstanding expertise, customer-centric approach, and enhanced focus on innovation and sustainability.
Since November 2020, the Company has become a part of the renowned Murugappa Group.
Our Partners
Drawing on CG Power's decades of manufacturing expertise, robust market capitalization, and revenue exceeding INR 8,000 crores (FY’24), our joint venture is poised to advance India's semiconductor capabilities and foster an integrated ecosystem.
Renesas, a pioneer in semiconductor technology headquartered in Japan, enriches our venture with over two decades of innovation across automotive, industrial, infrastructure, and IoT applications. With a workforce exceeding 21,000 globally and FY ’23 revenues exceeding USD 10 billion, Renesas's vast experience is instrumental in our operations.
Stars Microelectronics brings over 20 years of specialized experience in OSAT for legacy packages, further supported by robust training programs and technological empowerment. With a dedicated team of over 1,000 and a FY’23 revenue of more than USD 70 million, Stars serves an expansive clientele across the United States, Europe, and Asia.
Together, the combined expertise of Renesas and Stars with CG Power’s proven proficiency in scaling operations and managing intensive manufacturing processes uniquely positions CG Semi as a potential global leader in OSAT.
Supported by the Central Government of India and Government of Gujarat with an approved project outlay of INR 7,600 Crores, we are committed to investing in the development of a cutting-edge manufacturing facility in Sanand, Gujarat. This facility is designed to achieve an installed capacity of up to 4.7 billion units annually over the next five years.
cutting-edge manufacturing facility in Sanand, Gujarat. This facility is designed to achieve an installed capacity of up to 4.7 billion units annually over the next five years.
Our diverse product portfolio includes both traditional and advanced semiconductor packages, ranging from QFN, QFP, SOIC, TSSOP, and SOP to FC BGA, FC CSP, and FC QFN. We aim to serve critical sectors such as automotive, IoT, industrial, infrastructure, and 5G technologies.
At CG Semi, we are dedicated to building long-lasting relationships with our suppliers, grounded in trust and mutual success. We invite you to join us in this exciting journey, where innovation meets reliability, paving the way for a technologically empowered future.
Registered OfficeCG House, 6th Floor, Dr Annie Besant Road, Worli, Mumbai 400030, India.
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