Lam Research, a prominent American semiconductor equipment manufacturer, has revealed plans to invest more than ₹10,000 crore in Karnataka. This announcement took place during the Global Investors Meet: Invest Karnataka 2025, which was held at Bangalore Palace on February 12, 2025. This initiative bolsters India’s semiconductor ecosystem and supports the government’s efforts to promote domestic chip manufacturing.
The company has signed an Memorandum of Understanding (MoU) with the Karnataka Industrial Areas Development Board (KIADB) to lease and eventually buy land in Whitefield, Bengaluru. Through this expansion, Lam Research intends to grow its operations, boost research and development, and strengthen its supply chain in India.
Key points of Lam Research’s Investment in Karnataka
Investment Announcement & MoU
- Lam Research will invest ₹10,000 crore over the next few years in Bengaluru.
- The company has signed an MoU with KIADB to acquire land in Whitefield, Bengaluru.
- This investment will support Lam’s expansion and growth in India’s semiconductor sector.
Significance of the Investment
- Boosts India’s Semiconductor Mission – Aligns with PM Modi’s vision to make India a global semiconductor hub.
- Strengthens Karnataka’s Role – CM Siddaramaiah highlighted that Karnataka is emerging as a major player in semiconductor manufacturing.
- Supports India’s Supply Chain – Lam aims to increase semiconductor equipment production and sourcing from India.
