U.S.-based Lam Research to invest ₹10,000 cr to scale up its India footprint

Representative image. | Photo Credit: AFP Lam Research Corp, a California-based supplier of semiconductor manufacturing equipment and services, said on Wednesday (September 16, 2026) it would invest around ₹10,000 crore to scale up its footprint in India.Lam intends to make the new investment over the next several years to add its first silicon component manufacturing facility in the country and augment its advanced research and development operations in Bengaluru.According to the firm, the planned investment, whose announcement comes a day prior to SEMICON India 2026, reflects Lam’s long-term approach to invest across key aspects of the semiconductor ecosystem in the country. Lam has been operating in the Indian semiconductor ecosystem for over 25 years, including operating a large engineering hub and an most advanced chip research and development (R&D) laboratories.“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. “Our continuing expansion in India reflects our confidence in the country’s talent, growing semiconductor ecosystem, and supportive policy environment.The new manufacturing facility is expected to support a vertically integrated process spanning silicon ingot production and processing for advanced semiconductor technologies and leading-edge nodes. The planned augmentation to R&D builds on Lam’s India Centre for Engineering, which already supports Lam’s work for customers globally in key areas such as design, testing, validation, and next-generation technology development, as per the company.Mr. Raghavan further said, “We remain committed to collaborating with the government, academia, suppliers, start-ups and other stakeholders to help accelerate semiconductor innovation that benefits the industry globally.”The new manufacturing facility and augmented R&D operations are expected to create new opportunities for partnerships with local suppliers in India. Lam actively engages with local companies for specialised materials, precision components, gases, chemicals, metrology, and manufacturing services that are critical to the semiconductor industry. High-tech talent development is benefiting an entire ecosystem, claimed the company.Lam’s expansion plans are expected to bring specialised manufacturing expertise and capabilities to India, helping build skills that are critical to the future of the semiconductor industry. In addition to creating advanced engineering and high-technology manufacturing jobs, the investment aims to strengthen the country’s talent base and contribute to developing a globally competitive semiconductor workforce.Lam’s investment plans build on its ongoing workforce development efforts, including a partnership with the Indian Institute of Science (IISc) and the India Semiconductor Mission (ISM) to increase access to semiconductor manufacturing education, with a goal of training up to 60,000 students over the next several years using Lam’s Semiverse Solutions virtual platform. Lam has also recently launched the Lam Research Skill Development Program to help aspiring workers to develop industry-relevant skills and broaden pathways into advanced manufacturing careers. Published - September 17, 2026 10:01 pm IST