India’s First Private SiC Semiconductor Fab to Be Established in Andhra Pradesh
Indichip Semiconductors Limited and Japan’s Yitoa Micro Technology Limited (YMTL) have signed a historic Memorandum of Understanding (MoU) with the Andhra Pradesh government to establish India's first private silicon carbide (SiC) semiconductor manufacturing facility. With a staggering investment of over ₹14,000 crore, this groundbreaking facility will be anchored in the Orvakal Mega Industrial Hub, Kurnool. Key details: ▪️ Production Capacity : The facility will commence with an initial output of 10,000 SiC wafers per month, with plans to scale up to an impressive 50,000 wafers per month within the next 2-3 years. ▪️ Focus Areas : The facility will concentrate on energy-efficient technologies, electric vehicles (EVs), and renewable energy solutions, paving the way for a greener future. ▪️ Government Support : The Andhra Pradesh government, under its recently launched semiconductor policy (November 2024), is supporting this venture with land allocation and robust infrastructure dev...