Lam Research Boosts Karnataka's Semiconductor Ecosystem with Massive Investment

Lam Research, a global leader in semiconductor equipment manufacturing, has announced a substantial investment of over Rs 10,000 Crore in Karnataka. The company has signed an agreement with the state government, marking a significant boost to the region's semiconductor ecosystem and highlighting Karnataka's strategic importance.

Lam Research, a prominent name in the global semiconductor equipment manufacturing industry, has announced a major investment of over Rs 10,000 Crore in the Indian state of Karnataka. Officials confirmed this development on Wednesday, following a memorandum of understanding signed with the Karnataka government.

In a strategic move to bolster its operations, Lam Research has secured a land parcel from the Karnataka Industrial Areas Development Board (KIADB) for this investment. The formal announcement was part of the Invest Karnataka 2025 inaugural event.

Chief Minister Siddaramaiah highlighted the significance of this investment, stating that it positions Karnataka at the core of the global semiconductor ecosystem. The move by Lam Research, a U.S.-based firm renowned for its semiconductor manufacturing tools, signifies confidence in Karnataka's growing potential in this sector.

(With inputs from agencies.)