Indichip Semiconductors Ltd, in partnership with its Japanese joint venture partner Yitoa Micro Technology (YMTL), has entered into an agreement with the Andhra Pradesh government to set up the nation’s first privately-owned semiconductor manufacturing facility. With an investment of Rs 14,000 crore, the project will be based at the Orvakal Mega Industrial Hub in Kurnool, leveraging state-of-the-art technology to produce Silicon Carbide (SiC) chips.
This facility is expected to play a key role in advancing India’s sustainability and energy efficiency goals. The Andhra Pradesh government has committed to providing land, infrastructure, and ecosystem support, ensuring the success of this landmark initiative.
Boosting Production Capacity and Supporting Global Demand
The manufacturing unit will launch with an initial capacity of 10,000 wafers per month, gradually scaling up to 50,000 wafers per month within two to three years. The SiC chips produced here are expected to address rising global demand for energy-efficient technologies, including electric vehicles, renewable energy systems, and advanced industrial applications. This initiative aligns with the Atma Nirbhar Bharat vision, promoting self-reliance in cutting-edge semiconductor technology.
Strengthening India’s Semiconductor Ecosystem
The agreement was formalized in the presence of Andhra Pradesh IT Minister Nara Lokesh and Industries Minister TG Bharat, who highlighted the state’s innovative policies and robust infrastructure that attract high-tech industries. Indichip Semiconductors, a leading player in India’s semiconductor industry, specializes in integrated circuits and system-on-chip (SoC) solutions for diverse sectors like consumer electronics, automotive, and telecommunications.
With its commitment to innovation and sustainability, Indichip is poised to contribute significantly to India’s digital transformation. By leveraging strategic global partnerships, advanced facilities, and a skilled workforce, the company is helping to build a smarter, more connected future while cementing India’s position in the global semiconductor market.