Lam Research, a key player in semiconductor manufacturing, is broadening its global supply chain for semiconductor fabrication equipment in India. This strategic move aligns with India’s vision of nurturing a comprehensive ecosystem for semiconductor production, including the establishment of Wafer Fab Equipment (WFE) manufacturing.
Government’s Pursuit:
The Ministry of Electronics and IT has been actively fostering a downstream ecosystem to support semiconductor manufacturing. This encompasses industries involved in utilizing semiconductor outputs to create finished products, with a focus on equipment manufacturing.
Lam Research’s Role:
Lam Research, headquartered in the United States, is renowned for designing and constructing cutting-edge products for semiconductor manufacturing. The company’s decision to expand its supply chain in India is a testament to the nation’s growing significance in the global semiconductor landscape.
Ministry’s Support:
Ashwini Vaishnaw, Minister of Electronics & IT, highlighted the importance of having WFE manufacturers as part of India’s Semiconductor Mission. The ministry is open to introducing schemes like SPECS to further bolster the semiconductor ecosystem in India.
Collaborative Approach:
Lam Research is actively assessing capabilities across various segments of the supply chain in India. This includes identifying potential collaborators among India-based suppliers for precision components, custom parts, high-purity gas delivery systems, and other critical assemblies essential for advanced semiconductor fabrication equipment.
Enhanced Resilience:
The company’s “close to customer” strategy emphasizes collaboration with numerous suppliers globally. This approach not only enhances supply chain resilience against region-specific challenges but also prevents potential bottlenecks in operations.
Strategic Vision:
Rangesh Raghavan, Corporate Vice President and General Manager at Lam Research India, expressed pride in expanding the company’s supply chain in India. By integrating capabilities from local suppliers and strategic partners, Lam Research aims to augment the flexibility of its supply chain while bolstering the semiconductor ecosystem in India.
Industry Perspectives:
Danish Faruqui, CEO of Fab Economics, commended India’s proactive stance in including Semiconductor WFE Manufacturing in its semiconductor roadmap. This move is not just crucial for the domestic semiconductor sector but also positions India strategically in the global semiconductor arena.
Forward-Thinking:
Faruqui highlighted India’s distinct approach in learning from China’s past mistakes in setting up a domestic semiconductor ecosystem. This signifies India’s strategic foresight and proactive measures in navigating the complex geopolitics and geoeconomics of the semiconductor industry.
Follow Before You Take on Facebook | Twitter | WhatsApp Channel | Instagram | Telegram | Threads | LinkedIn, For the Latest Technology News & Updates | Latest Electric Vehicles News | Electronics News | Mobiles News
The post Lam Research Bolsters India’s Semiconductor Supply Chain Ecosystem: A Step Towards Self-Reliance in Semiconductor Manufacturing appeared first on Before You Take.