Tata Electronics’ partner, Tokyo Electron, is the latest fab (semiconductor equipment) manufacturer considering setting up a production facility in India as the country’s semiconductor sector gains momentum. India is emerging as a potential investment hub in the industry over the coming years.
This development follows California-based Lam Research’s recent announcement of a Rs 100 billion investment in Karnataka.
Globally, key suppliers catering to semiconductor fabrication units include Applied Materials, ASML, KLA, Lam Research, and Tokyo Electron. Further, with more semiconductor manufacturing plants being planned in India, leading equipment manufacturers are increasingly exploring opportunities in the market.
