India's Semiconductor Dream Gets A Push As PM Narendra Modi Inaugurates Three Manufacturing Facilities forbesindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbesindia.com Daily Mail and Mail on Sunday newspapers.
Shares of CG Power and Industrial Solutions rose 12% after announcing a JV with Renesas Electronics and Stars Microelectronics to build a semiconductor facility in Sanand, Gujarat. The JV will invest Rs 7,600 crore over five years and aims to diversify into semiconductor manufacturing, leveraging the partners technology and expertise.
CG Power and Industrial Solutions Limited, Renesas, and Stars Microelectronics, to Jointly Build Outsourced Semiconductor Assembly and Test Facility in India streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.