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    <author>ENA</author>
    <category>Sectors</category>
    <date>2024-11-28 15:11:59</date>
    <fulldesc>&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;&lt;strong&gt;Gujarat, Nov 28 (KNN)&lt;/strong&gt; In a development for Indias semiconductor industry, Tata Electronics is set to establish the countrys first semiconductor fabrication facility in Dholera, Gujarat.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;This landmark project, undertaken in collaboration with Taiwans Powerchip Semiconductor Manufacturing Corporation, marks a significant stride toward bolstering Indias chip manufacturing capabilities.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Recognising the importance of local support for this ambitious venture, Lam Research India, the regional arm of the U.S.-based wafer fabrication equipment supplier, plans to open an office in Dholera.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;According to Rangesh Raghavan, corporate vice president and general manager of Lam Research India, this strategic move will ensure on-site customer service, critical to managing the complex demands of semiconductor fabrication.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Proximity is crucial for customer service, Raghavan told The Economic Times, emphasising that operations will not be remotely managed from Bengaluru.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Lam Research Corporation, renowned for its cutting-edge wafer fabrication equipment, plays a pivotal role in semiconductor manufacturing.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Its technology supports front-end wafer processing, a key stage in producing essential semiconductor components like transistors and interconnects.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;The companys innovative virtual fab platform, Semiverse, is globally adopted for simulating fabrication processes, showcasing its technological leadership in the sector.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;The establishment of the Dholera facility aligns with Indias broader push to become a global semiconductor hub. Currently valued at USD 23.2 billion, Indias semiconductor market is forecast to grow to USD 80.3 billion by 2028, driven by soaring demand for electronics, AI, and smart devices.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;To reduce import dependency and promote self-reliance, the Indian governments 2020 Semiconductor Policy offers robust financial incentives, including the Production Linked Incentive (PLI) Scheme.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;With the convergence of Tata Electronics pioneering fab, Lam Researchs on-ground expertise, and government backing, India is positioning itself as a competitive player in the global semiconductor ecosystem, poised to meet the demands of an increasingly digitised world.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;&lt;em&gt;&lt;strong&gt;(KNN Bureau)&lt;/strong&gt;&lt;/em&gt;&lt;/span&gt;&lt;/p&gt;&#13;
</fulldesc>
    <id>40070</id>
    <link>https://knnindia.co.in/news/newsdetails/sectors/indias-first-semiconductor-fab-by-tata-gets-on-site-support-from-lam-research</link>
    <pubDate>2024-11-28 15:11:59</pubDate>
    <source>knnindia.co.in</source>
    <title>India’s First Semiconductor Fab by Tata Gets On-Site Support from Lam Research</title>
</root>
