# Indichip and YMTL invest $1.6 billion in SiC wafer factory in India

Indichip Semiconductors Ltd. partnered with Japan's Yitoa Micro Technology (YMTL) to invest ₹140 billion (approximately $1.6 billion) in building a silicon carbide wafer factory in Andhra Pradesh, India. Initial capacity is projected at 10,000 wafers per month, expanding to 50,000 wafers per month within 2-3 years.

- Type: Investment
- Announced: 2025-01-28
- Where: Andhra Pradesh, India
- Value: $1.60B
- Status: announced
- Capacity: 10,000 wafers per month (initial), 50,000 wafers per month (future)
- Products: silicon carbide wafers
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Indichip Semiconductors](https://endata.com/companies/82301.md)
- [Yitoa Micro Technology](https://endata.com/companies/82302.md) (partner)

## Sources

- [trendforce.com](https://www.trendforce.com/news/2025/01/28/news-global-power-semiconductor-developments-three-new-updates-from-factories-worldwide/), 2025-01-28: "Indichip Semiconductors Ltd., a power semiconductor startup headquartered in Amaravati, India, has partnered with Japan’s Yitoa Micro Technology (YMTL) to invest ₹140 billion (approximately $1.6 billion) in building a silicon carbide wafer factory in Andhra Pradesh, India."

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