CG Power arm launches its first ₹7,600-cr semiconductor assembly unit in Gujarat

CG Semi Private is investing over ₹7,600 crore (approximately $870 million) over the next five years to set up two state-of-the-art facilities, G1 and G2, in Sanand, Gujarat. The two units are projected to generate over 5,000 direct and indirect jobs in the coming years. Shares of CG Power and Industrial Solutions Ltd ended at ₹663.65, down by ₹7.55 or 1.12%, on the BSE today (August 28).

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