Lam Research plans a significant Rs 10,000 crore investment in India, establishing its first silicon component manufacturing facility and boosting R&D, signalling long-term confidence in India’s growing chip industry.
Lam Research plans to invest about Rs 10,000 crore in India over the next several years, in a move that would deepen the US-based semiconductor equipment maker’s footprint in one of the world’s fastest-growing chip markets. According to the company, the spending will fund its first silicon component manufacturing facility in the country and support a wider expansion of its research and development work, with the new plant designed to cover silicon ingot production and processing for advanced semiconductor technologies and leading-edge chip nodes. Reuters-style reports from Indian business outlets said the plan marks one of Lam’s most ambitious commitments to its India operations so far.
The investment also builds on an established engineering base in Bengaluru, where Lam already runs its India Centre for Engineering. That site supports global work on design, testing, validation and next-generation technology development, and the planned R&D expansion is intended to extend that role further. Industry coverage said the move reflects a long-term bet on India’s semiconductor supply chain, with expected demand from specialised materials, precision components, gases, chemicals, metrology and manufacturing services.
Rangesh Raghavan, who leads Lam Research India, said the country is “an important part of Lam’s global innovation and growth strategy”, adding that the company’s continued expansion reflects confidence in India’s talent pool, semiconductor ecosystem and policy support. The company also said the project should create advanced engineering and high-technology manufacturing jobs. In parallel, Lam is working with the Indian Institute of Science and the India Semiconductor Mission on training for as many as 60,000 students between 2023 and 2033 through a virtual platform, underscoring how the company is coupling capital spending with workforce development as India pushes to build a domestic chip industry.
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