Bengaluru: US-based semiconductor manufacturing equipment major Lam Research Corporation on Wednesday announced that it plans to invest approximately Rs 10,000 crore in India over the next several years to establish its first silicon component manufacturing facility in the country and expand its advanced research and development operations.
The announcement comes ahead of SEMICON India 2026 and marks the next phase of Lam Research’s long-term expansion in India, where the company has had a presence for more than 25 years. The planned investment is aimed at strengthening India’s semiconductor ecosystem while supporting Lam Research’s global customers as demand for increasingly complex semiconductor technologies accelerates in the artificial intelligence era.
The proposed manufacturing facility will support a vertically integrated process covering silicon ingot production and processing for advanced semiconductor technologies and leading-edge nodes. Alongside manufacturing, Lam Research also plans to augment its research and development capabilities through its India Center for Engineering, which currently supports global customer programmes in areas including design, testing, validation and next-generation technology development.
“India represents an important part of Lam’s global innovation and growth strategy,” said Rangesh Raghavan, corporate vice president and managing director, Lam Research India. He said the company’s continued expansion reflects its confidence in India’s talent pool, growing semiconductor ecosystem and supportive policy environment.
Raghavan added that Lam Research remains committed to working with the government, academia, suppliers, startups and other stakeholders to accelerate semiconductor innovation that can benefit the global industry.
The investment is also expected to create new opportunities for partnerships with Indian suppliers. Lam Research currently works with local companies supplying specialised materials, precision components, gases, chemicals, metrology solutions and manufacturing services that are critical to semiconductor production.
The company said its expansion will bring specialised manufacturing expertise and capabilities to India and help develop skills needed for the future of the semiconductor industry. The investment is expected to create opportunities in advanced engineering and high-technology manufacturing while contributing to the development of a globally competitive semiconductor workforce.
Lam Research’s plans build on its existing workforce development initiatives in India. The company has partnered with the Indian Institute of Science and the India Semiconductor Mission to expand access to semiconductor manufacturing education, with an objective of training up to 60,000 students over the next several years through its Semiverse Solutions virtual platform.
(IANS)
