Silicon Power Group to invest $121.7M in silicon carbide plant in Odisha, India

U.S.-based Silicon Power Group will invest 10 billion rupees ($121.73 million) to set up a facility in Odisha, India, to manufacture 150mm silicon carbide wafers. The investment will be made by its Indian unit RiR Power Electronics, with operations expected to start in 18 to 24 months.

“U.S.-based Silicon Power Group will invest 10 billion rupees ($121.73 million) to set up a facility in India's Odisha state to make 150 millimetre silicon carbide, a semiconductor component.”reuters.com

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• reuters.comSilicon Power to invest $121.7 million for silicon carbide plant in Indian state of OdishaJul 28, 2023

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