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Fuelling India’s ambition of creating a 360-degree ecosystem for
semiconductor manufacturing, including the establishment of Semiconductor Wafer
Fab Equipment (WEF) manufacturing, Lam Research is expanding its global
semiconductor fabrication equipment supply chain to India. The US-headquartered
Lam Research designs and builds products for semiconductor manufacturing.
Ashwini Vaishnaw, Minister of Electronics & IT, had previously
informed the source that having manufacturers of wafer fabrication equipment
(WFE) is an integral part of the India Semiconductor Mission, and the ministry
is open to introducing a scheme like SPECS or the Scheme for Promotion of
Manufacturing of Electronic Components and Semiconductors.
Now, Lam Research is assessing capabilities across various supply
chain segments and exploring India-based suppliers who can collaborate to fulfil
the need for precision components, custom parts, high purity gas delivery
systems, and other assemblies required for cutting-edge semiconductor wafer
fabrication equipment. The company's ‘close to customer’ strategy drives
collaboration with thousands of suppliers worldwide, enhancing resilience
against region-specific supply chain issues and preventing bottlenecks.
"We are proud to be expanding our supply chain in India. By
enhancing Lam’s strong global supply infrastructure with capabilities from
local suppliers, integrators, and other strategic providers, we aim to enhance
the flexibility of our supply chain while further supporting the semiconductor
ecosystem in India, where Lam has been a proud leader for more than two
decades," said Rangesh Raghavan,
Corporate Vice President & General Manager, Lam Research India.
The source was informed that India’s proactive inclusion of
Semiconductor WFE Manufacturing as part of India’s semiconductor decadal
roadmap is not only existential for the domestic semiconductor ecosystem but
also a masterstroke by India based on global geopolitics and geo-economics of
semiconductors.
Danish Faruqui, CEO, Fab Economics, stated, "Many across the world have
cited India’s foray into semiconductors as a copy approach to China and
described it as 'China – 30 years back,' but with the recent announcement,
India has taken a completely different approach from China and applied the teaching
from China’s cardinal mistake in setting up a domestic semiconductor
ecosystem."
(Source: Business Today)
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INDUSTRIAL PRODUCTS FINDER (IPF) is India’s only industrial product portal. Referred to as the ‘Bible’ of the manufacturing sector in India,
INDUSTRIAL PRODUCTS FINDER (IPF) is India’s only industrial product portal. Referred to as the ‘Bible’ of the manufacturing sector in India,
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