Murugappa Group arm-led JV to invest INR 7,600 cr to build OSAT facility in Gujarat – ET Auto
Baua Electric
MARCH 1, 2024
New Delhi: CG Power and Industrial Solutions Limited, a part of Tube Investments of India Limited and the Murugappa Group; Renesas Electronics Corporation, a premier supplier of advanced semiconductor solutions; and Stars Microelectronics (Thailand) Public Co. The JV plans to invest INR 7,600 crore in five years. The JV will be 92.3%
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