India's Semiconductor Ambition Takes Shape as Lam Research Eyes Supply Chain Establishment

Lam Research plans to expand its supply chain to India for semiconductor fabrication equipment. The company will explore Indian suppliers for precision components, custom parts, gas delivery systems, and assemblies. The semiconductor industry is projected to reach $1 trillion in revenue by 2030, driving the need for collaboration and global engagement. Lam Research has been operating in India for over 20 years, leveraging its location for proximity to Asian customers. The expanded supply chain in India will contribute to improved performance, sustainability, and enhanced capabilities for customers in the region.

Lam Research Corporation on Wednesday announced its plans to expand its global semiconductor fabrication equipment supply chain to include India.

The company said it is assessing capabilities across various supply chain segments and is exploring India-based suppliers who can collaborate to fulfil the need for precision components, custom parts, high purity gas delivery systems and other assemblies that go into cutting-edge semiconductor wafer fabrication equipment.

"The global semiconductor industry is expected to grow to 1 US dollar trillion in annual revenue by the end of this decade, according to experts,'' the NASDAQ-listed global semiconductor manufacturing equipment maker said in a statement.

As demand for semiconductors increases, there is an even greater need for collaboration and global engagement of expertise, intellectual property, materials, and talent, it said, adding, Lam has been operating in India for more than 20 years, benefiting from its prime location close to customers in Asia.

Group vice president and head of global operations at Lam Research, Karthik Rammohan said: "Leveraging the infrastructure and talent of our India Centre of Engineering, our new proactive initiative to drive supply chain growth in India also has the capacity to contribute to improved performance, sustainability, and enhanced capabilities for our customers regionally and across Asia.''

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