India's CG Power & Industrial Solutions has commenced production at a new semiconductor facility with 200 million chips annual capacity, advancing the country's domestic chip manufacturing goals. The milestone reduces India's reliance on foreign semiconductor imports and supports regional tech self-sufficiency.
Bloomberg · Saturday, 4 July 2026
India’s CG Power & Industrial Solutions Ltd.’s new semiconductor unit has started production with an annual capacity of 200 million chips, Prime Minister Narendra Modi said Saturday, marking a fresh milestone in the country’s goal to build a domestic chip ind…
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