Karnataka Lands Major Investment from Lam Research in Semiconductor Sector

Lam Research, a global leader in semiconductor equipment manufacturing, has announced an investment of over Rs 10,000 Crore in Karnataka. The commitment, made at Invest Karnataka 2025, includes a signed memorandum with the state government for land allocation, solidifying Karnataka's position in the global semiconductor ecosystem.

An influential multinational, Lam Research, has pledged a substantial investment exceeding Rs 10,000 Crore in the Indian state of Karnataka.

This decision, official sources indicated, follows a memorandum of understanding signed with the Karnataka government involving a land allocation by the Karnataka Industrial Areas Development Board.

Chief Minister Siddaramaiah highlighted that this strategic move firmly places Karnataka within the global semiconductor manufacturing sphere, underscoring the state's growing significance in this high-tech industry.

(With inputs from agencies.)