Urgent.News

What's breaking now, across thousands of outlets.

Business

Lam Research to invest Rs 10,000 Cr in India, set up first silicon component manufacturing facility

The semiconductor equipment maker said the investment will cover silicon component manufacturing and advanced R&D, while deepening its supplier ecosystem in India.

Lam Research to invest Rs 10,000 Cr in India, set up first silicon component manufacturing facility

Lam Research, a leading US semiconductor equipment manufacturer, announced plans to invest around Rs 10,000 crore in India to build its first silicon component manufacturing facility. Speaking at SEMICON India 2026, Sesha Varadarajan, Executive Vice President and Chief Operating Officer of Lam Research, stated that the facility will enable a vertically integrated manufacturing process for advanced semiconductor technologies, serving as a production and export hub for Lam's global operations.

Varadarajan emphasized that the new facility will bolster Lam's local manufacturing presence and deepen its integration with Indian suppliers. The specific location, manufacturing capacity, and timeline for operations have not been disclosed. India has become a vital location for Lam Research, evolving from a small engineering center in Bengaluru to a major advanced R&D operation catering to various aspects of the company's global business.

Lam Research is also strengthening ties with Indian companies in fields such as specialised materials, precision components, gases, chemicals, metrology, and manufacturing services. The establishment of a manufacturing base could empower local suppliers to contribute more significantly to global semiconductor value chains. By fostering these partnerships, Lam Research aims to help Indian companies develop the necessary capabilities to participate in global value creation alongside Lam's global operations.

Written by urgent.news from YourStory's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at yourstory.com →

More in Business

U.S. DFC to fund Vodafone Ukraine

The Board of Directors of the U.S. International Development Finance Corporation (DFC) on Tuesday approved financing for Vodafone Ukraine (VF Ukraine, VFU), Ukraine's second-largest mobile operator…

More from Thursday 17 September →