Economy, Banking and Finance · 20 September 2026

Lam Research to Invest Rs 10,000 Crore in First Silicon Component Manufacturing Facility in India

Exam-focused facts from the 20 September 2026 current affairs briefing.

Key facts

  • Semiconductor equipment maker Lam Research announced plans to invest around Rs 10,000 crore to set up its first silicon component manufacturing facility in India.
  • The facility will support a vertically integrated process spanning silicon ingot production and processing for advanced semiconductor technologies and leading-edge nodes.
  • Lam intends to make the investment over the next several years, alongside augmenting its advanced research and development operations.
  • The R&D augmentation builds on Lam's India Center for Engineering, which supports design, testing, validation, and next-generation technology development for customers globally.
  • Rangesh Raghavan is the Corporate Vice President and Managing Director of Lam Research India.