Lam Research to Set Up INR 10,000 Cr Chip Component Plant in India

Lam Research to invest INR 10,000 crore in India for its first silicon component manufacturing plant.

By Entrepreneur Staff | Sep 17, 2026
Lam Research

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Lam Research Corporation announced plans to invest approximately INR 10,000 crore (about USD 1.2 billion) in India over the next several years to establish its first silicon component manufacturing facility in the country and expand its research and development operations.

The proposed facility will support a vertically integrated manufacturing process covering silicon ingot production and processing for advanced semiconductor technologies and leading-edge chip nodes.

Alongside manufacturing, Lam Research will expand R&D capabilities through its India Center for Engineering, which supports global customer programmes in design, testing, validation and next-generation technology development.

The investment builds on Lam Research’s 25-year presence in India and is expected to create opportunities for partnerships with local suppliers of specialised materials, precision components, gases, chemicals, metrology solutions and manufacturing services.

The company has also partnered with the Indian Institute of Science and the India Semiconductor Mission to train up to 60,000 students through its Semiverse Solutions virtual platform.

The announcement comes ahead of Semicon India 2026 and marks the next phase of the company’s long-term expansion in the country.

“India represents an important part of Lam’s global innovation and growth strategy. Our continuing expansion reflects our confidence in the country’s talent, growing semiconductor ecosystem, and supportive policy environment,” said Rangesh Raghavan, Corporate Vice President and Managing Director, Lam Research India.

Lam Research Corporation announced plans to invest approximately INR 10,000 crore (about USD 1.2 billion) in India over the next several years to establish its first silicon component manufacturing facility in the country and expand its research and development operations.

The proposed facility will support a vertically integrated manufacturing process covering silicon ingot production and processing for advanced semiconductor technologies and leading-edge chip nodes.

Alongside manufacturing, Lam Research will expand R&D capabilities through its India Center for Engineering, which supports global customer programmes in design, testing, validation and next-generation technology development.

The investment builds on Lam Research’s 25-year presence in India and is expected to create opportunities for partnerships with local suppliers of specialised materials, precision components, gases, chemicals, metrology solutions and manufacturing services.

The company has also partnered with the Indian Institute of Science and the India Semiconductor Mission to train up to 60,000 students through its Semiverse Solutions virtual platform.

The announcement comes ahead of Semicon India 2026 and marks the next phase of the company’s long-term expansion in the country.

“India represents an important part of Lam’s global innovation and growth strategy. Our continuing expansion reflects our confidence in the country’s talent, growing semiconductor ecosystem, and supportive policy environment,” said Rangesh Raghavan, Corporate Vice President and Managing Director, Lam Research India.

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