Semiconductors are new steel to build India’s eco-tech security': CG Power’s Vellayan Subbiah
CG Power chairman Vellayan Subbiah likened semiconductors to the “new steel,” calling IP ownership crucial for India’s economic and tech security. With its Axiro Semiconductor acquisition and a new OSAT plant, CG Power aims to drive design-led value, ecosystem building, and global competitiveness—positioning India for greater autonomy in the semiconductor value chain.