# 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.

- Type: New facility
- Announced: 2023-07-27
- Where: Odisha, India, India
- Value: $121.7M
- Starts operating: Jan 2025
- Status: announced
- Capacity: 150 millimetre silicon carbide wafers
- Products: 150mm silicon carbide wafers
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Silicon Power Group](https://endata.com/companies/71689.md)
- [RiR Power Electronics](https://endata.com/companies/71690.md) (investor)

## Sources

- [reuters.com](https://www.reuters.com/world/india/silicon-power-invest-1217-mln-silicon-carbide-plant-indias-odisha-state-2023-07-28/), 2023-07-28: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.