The creation of Silicon Carbide (SiC) chips is anticipated to be a critical turning point in India’s efforts to build a strong semiconductor sector. SiC technology is becoming a key component of the nation’s semiconductor manufacturing self-sufficiency goal because of its uses in high-power and energy-efficient industries, especially industrial electronics, renewable energy, and electric vehicles (EVs).
By 2031, the SiC market in India is expected to have grown from its 2023 valuation of about $41.36 million to roughly $93.94 million, representing a compound annual growth rate (CAGR) of 10.8%. This expansion is fueled by the growing need for power electronics, which are essential for maximizing energy efficiency across a range of applications.
With an emphasis on high-frequency and high-power devices, they are developing both SiC and GaN technology. For the production of chips, LTSCT works with international foundries such as TSMC and Global Foundries.
For the past three years, CDIL has been producing SiC devices, exporting items such as Schottky Barrier Diodes and SiC MOSFETs to several nations. These gadgets are essential to industrial electronics, automotive applications, and renewable energy systems.
While awaiting government licenses for a silicon carbide fab, the company is investigating semiconductor fabrication with a focus on SiC technology.
utilized in electric cars to improve driving range, shorten charging periods, and control power effectively.
essential for grid-scale energy storage systems, solar inverters, and power backup systems.
utilized in automation systems, power converters, and motor drives.
Furthermore, as SiC semiconductors provide effective power amplification and signal processing, the growth of 5G networks is anticipated to raise demand for them in the telecom industry.
Establishing indigenous production capability is part of India’s semiconductor strategy to improve its position in global supply chains and lessen its 95% reliance on imports. The government’s dedication to enhancing technological independence and national security is demonstrated by its funding of projects like the Shakti semiconductor fabrication factory, which will concentrate on producing cutting-edge chips like SiC.
India’s semiconductor ambitions have advanced significantly with the development of silicon carbide technology, which is in line with worldwide trends toward electrification and renewable energy sources.
