LAM Research plans to set up semiconductor lab in Karnataka

A Karnataka delegation led by state industries minister MB Patil are on a business promotion visit to the US.

LAM Research, a global provider of semiconductor equipment and services, has expressed interest in setting up a new lab in Karnataka.

Karnataka Minister for Large and Medium Industries MB Patil held a discussion with the company’s management representatives in the United States on October 5.

Patil is leading a high-powered delegation to the United States of America to attract investment into the state.

The minister is meeting a slew of companies from semiconductor, aerospace and defence auto/EV, space, and med-tech among others.

“LAM Research has already established a presence in Karnataka since 2000 and its campus in Bengaluru is focusing on hardware engineering, global operations management, and software development support. During the State Level Single Window Committee meeting held in September, the company secured approval to set up engineering, R&D, testing and tool prototyping for capital goods for the manufacturing of semiconductors and displays. It plans to invest Rs 236 crore in this project,” said a release from the minister's office.

“LAM Research is also planning to contribute to the development of Indian suppliers and establish connections with the existing supplier ecosystem in Karnataka,” the release stated.

LeoLabs, a pioneering force in transforming the landscape of satellite operations, intends to set up a Centre of Excellence (CoE) for research in space technology in Karnataka. The company’s management representatives held discussions with Patil on Thursday in this regard. The company is also exploring opportunities to integrate into the Karnataka’s space ecosystem. With a suite of 10 radar satellite tracking services, LeoLabs empowers automated and independent monitoring for fleets of any size.

Tsecond, a growth-stage portfolio company backed by Boeing and Solar Industries India Limited, has shown interest in setting up an R&D Centre in Bengaluru. Once sufficient scale is reached, the company plans to explore assembling and hardware manufacturing in Karnataka, the company’s officials told Patil, according to the release.

The company also plans to work with customers in Tier-2 and Tier-3 cities in Karnataka. Founded in 2020, Tsecond is developing technologies that reimagine how enterprises and organizations activate big data to drive insights and innovation. Tsecond is working to accelerate the value of the global datasphere by addressing the complexities of mass data generation, it added.