After the announcement, the Minister of Information Technology, Ashwini Fishnaw, posted on X: “Another teacher on our semiconductor journey: Lam Research announces a major investment for more than 10,000 rupees in India.
Investment is heading along with India’s efforts to build a semiconductor environmental system with an important semiconductor initiative in India. Under ISM, five semiconductor units have been approved recently to obtain subsidies from each of the central governments and state governments, with total expenditures of 76,000 rupees.
After this announcement, Rangish Raghavan, Vice President and GM India at Lam Research, confirmed that in July 2024, Lam announced her decision to expand the supply chain to India.
“Significance has already been made with many custom parts and high -resolution exact components made by the suppliers in India that pass the LAM qualification cycle. There are ongoing plans to expand the scope of the supply chain process in India over the next few years to support the goal of global flexibility,” Raghavan was also published on LinkedIn
The success of Lam in India is based on the continued availability of high -quality engineering talents in India. “Therefore, we are making several contributions to education and development programs in India,” he added.
Lam’s association with India and Karnataka’s state is linked to 25 years. Since 2001, Lam India has increased steadily in the company’s global operations contributions in a scope and size, with the India Center for Engineering in Bangaluru now a decisive part of global research and development funds.
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