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Lam Research Plans Rs 10,000 Crore India Silicon Facility

Lam Research Plans Rs 10,000 Crore India Silicon Facility
US-based Lam Research to invest Rs 10,000 crore for silicon component manufacturing facility in India · thehansindia.com

Lam Research is a US company that makes equipment used to build computer chips.

It plans to invest about Rs 10,000 crore in India.

The money would help create its first silicon component factory in the country.

The factory would make and process silicon for advanced chips.

The company also wants to expand its research and development work in India.

Lam Research says the project could create high-technology manufacturing and engineering opportunities.

It also expects to work more with Indian suppliers, universities, startups and government groups.

Through an education programme, it aims to help train up to 60,000 students for semiconductor-related work.

Key facts

Planned investment
Approximately Rs 10,000 crore over the next several years
Investor
Lam Research Corporation
New facility
Lam Research’s first silicon component manufacturing facility in India
Manufacturing scope
Silicon ingot production and processing for advanced semiconductor technologies and leading-edge nodes
Research expansion
Additional capabilities through the India Center for Engineering
Training objective
Up to 60,000 students over the next several years through Semiverse Solutions
Existing presence
Lam Research has operated in India for more than 25 years

Quotes

Rangesh Raghavan

Corporate vice president and managing director of Lam Research India

“India represents an important part of Lam's global innovation and growth strategy”
thehansindia.com

Sources

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