Tokyo Electron announces new development hub in Bengaluru, boosting India’s semiconductor drive

Its investment in India underscores the country’s rising importance in semiconductor manufacturing and R&D.

Japanese semiconductor equipment giant Tokyo Electron Limited (TEL) on September 5 announced that it set up a new development site in Bengaluru, Karnataka.

Tokyo Electron, the world’s fourth-largest semiconductor equipment maker after Applied Materials, ASML and Lam Research, holds about 21 per cent of the global market share and nearly 90 per cent of the coater-developer segment.

The Bengaluru facility will focus on software development, equipment design, simulation and joint research collaborations with Indian universities and academic institutions, the company said.

Its investment in India underscores the country’s rising importance in semiconductor manufacturing and R&D.

The announcement comes on the heels of the SEMICON India 2025 conference, where Prime Minister Narendra Modi dedicated the country’s first indigenously manufactured semiconductor chip.

India has cleared over $18 billion worth of semiconductor projects, with the government committing Rs 65,000 crore in incentives under its Production Linked Incentive scheme.

Tokyo Electron’s expansion also builds on deepening India–Japan semiconductor cooperation, formalised during Modi’s visit to Japan in August.

The partnership spans design, manufacturing, equipment research, talent development and supply chain resilience.

Fumihiko Kaminaga, Senior Vice President at Tokyo Electron, said India was “one of the most important semiconductor destinations in the world,” citing the country’s skilled workforce and policy push.