India, Aug. 20 -- Recently, the Indian government announced the approval of four new semiconductor projects under the India Semiconductor Mission (ISM), raising the total number of ISM projects from six to ten. These four projects involve a total investment of about INR 46 billion. Notably, one of them refers to India's first commercial compound semiconductor wafer fab.

The fab, located in the "Info Valley" of Bhubaneswar, the capital of Odisha, is to be built by India's SiCSem, in collaboration with the UK-based Clas-SiC. The plant will focus on silicon carbide (SiC) wafer and device production, with an annual capacity of 60,000 wafers and 96,000,000 devices. Its products will be applied in electric vehicles, defense equipment, railways...