Lam Research builds India supplier base for Semicon 2.0 push

Lam Research is grooming Indian companies to become its suppliers instead of relying only on its global vendor base, a senior executive said. The US chip equipment maker is deepening its presence in India, where the government ties incentives to local sourcing.

• Lam Research is recruiting Indian suppliers rather than relying only on global vendors
• The company is expanding its presence in India under the Semicon 2.0 program
• Indian authorities tie incentives to local sourcing