Lam Research to Invest ₹10,000 Crore in India, Strengthening Semiconductor Supply Chain
In a significant boost to India’s semiconductor ecosystem, US-based semiconductor services giant Lam Research has announced an investment of ₹10,000 crore in the country. Union Minister for Electronics and IT, Ashwini Vaishnaw, hailed the move as a milestone in India’s semiconductor journey, reinforcing Prime Minister Narendra Modi’s vision for a self-reliant electronics sector.
Lam Research has formalized its expansion plans by signing an MoU with the Karnataka government to lease and later acquire land in Whitefield, Bengaluru. Rangesh Raghavan, the company’s India General Manager, highlighted that since July 2024, Lam has been working on diversifying its supply chain to India. Several precision components manufactured locally have already passed the company’s qualification tests, with plans underway to scale operations further.
India’s semiconductor sector has been gaining momentum, with five projects approved under the ₹76,000 crore India Semiconductor Mission. Among them, Tata Electronics is setting up India’s first semiconductor fabrication plant in Dholera, Gujarat, in partnership with Taiwan’s Powerchip Semiconductor Manufacturing Corporation (PSMC), with a total investment of ₹91,000 crore.
Additionally, Outsourced Semiconductor Assembly and Test (OSAT) facilities are being established in Sanand, Gujarat, and Morigaon, Assam. CG Power is spearheading the ₹7,500 crore Sanand OSAT plant, while Tata Electronics is investing ₹27,000 crore in the Morigaon facility. Another OSAT unit by Kaynes will further enhance India’s semiconductor capabilities.
Source: Business Standard
