Lam Research to invest Rs 10,000 Cr in India, set up first silicon component manufacturing facility

US semiconductor equipment maker Lam Research plans to invest approximately Rs 10,000 crore in India to establish its first silicon component manufacturing facility in the country. Speaking at SEMICON India 2026 on Thursday, Sesha Varadarajan, Executive Vice President and Chief Operating Officer of Lam Research, said the proposed facility will support a vertically integrated manufacturing process spanning silicon ingot production and processing for advanced semiconductor technologies.