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deep tech Tech-Economic Times July 05, 2026

CG Power targets 16 million chips a day, G1 qualification in 24 months as India ships first semiconductors: Executive Vice Chairman Subbiah

CG Power targets 16 million chips a day, G1 qualification in 24 months as India ships first semiconductors: Executive Vice Chairman Subbiah
AI Summary

India's semiconductor sector is rapidly advancing, with CG Power dispatching its first chips from Sanand, marking a significant step towards global competitiveness. The company aims to produce 16 million chips daily within two years, supported by a joint venture with Japanese and Thai partners. This development signifies India's growing presence in the complete semiconductor value chain, attracting key international collaborations and bolstering domestic manufacturing capabilities.

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