Wednesday, 14 May, 2025

Renesas-CG Power JV to Launch First Chip by Mid-2026, Strengthening India’s Semiconductor Ecosystem

Renesas Electronics, in partnership with India's CG Power and Thailand's Stars Microelectronics, plans to produce its first semiconductor chip from a pilot line by mid-2026, with mass production set for 2027 at a ₹7,600 crore facility in Sanand, Gujarat. Despite regional tensions, CEO Hidetoshi Shibata affirmed confidence in India's industrial prospects. Renesas is also expanding its R&D centers in Bengaluru and Noida to support its growing operations.