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Semiconductor Facility Investment in Gujarat
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CG Power and its partners will invest Rs 7,600 crore over five years to establish a semiconductor facility in Gujarat, India, focusing on automotive and 5G industries. The project, approved by the Union Cabinet, involves a joint venture with Renesas Electronics Corporation and Stars Microelectronics.
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How might this semiconductor facility impact India's technological competitiveness in the global market?
In what ways could this investment influence the development of related industries and technologies in Gujarat and beyond?
What challenges could CG Power face in executing and sustaining this ambitious project over the next five years?
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