Discussions with more than 20 companies at SEMICON India to invest in the state, says MB Patil

Minister for Large and Medium Industries MB Patil visiting the Lam Research booth at SEMICON-2026 in Delhi. | Photo credit: Special arrangement

Discussions were held with more than 20 companies at the SEMICON India 2026 conference held in Delhi, raising the prospect of over ₹15,000 crore investment in Karnataka, Minister for Large and Medium Industries MB Patil said on Saturday, adding that all necessary measures would be taken to capitalize on these opportunities.

Speaking on the outcome of Saturday’s visit, the minister said that while Lam Research announced an investment of ₹9,298 crore in the state, Applied Materials shared plans to invest ₹3,600 crore in the next 10 years. The two projects would significantly transform Karnataka’s semiconductor supply chain, chip design and semiconductor device manufacturing, precision engineering and R&D capabilities, it said in a report.

A land of 73 acres has been allotted to Lam research in Adinarayanahosahalli industrial area in Doddaballapura taluk. The first silicon component manufacturing plant will be established here and is expected to create more than 1,000 direct high-tech jobs, the minister said.

The project would also mark the beginning of manufacturing of advanced semiconductor materials and components in the state. The foundation stone of the facility should be laid soon and operations are expected to begin within one and a half years, he explained.

Applied materials

Similarly, US-based Applied Materials, a global leader in semiconductor materials engineering and a maker of equipment needed by the sector, would invest $5 billion in India by 2035. The company has chosen Bengaluru to expand its long-term operations and would invest ₹3,600 crore in the state over the next 10 years. For this purpose, the company is allotted 140 acres in Bengaluru Signature Business Park. The project is also expected to create more than 1,000 high-quality jobs, Mr. Patil noted.

The investment would benefit Indian suppliers, engineering companies, technology partners, research institutions and semiconductor talent. A groundbreaking ceremony for an Applied Materials manufacturing facility will also take place in the next few months, he said.

During the two-day SEMICON India conference, the minister said he has invited companies including Netherlands’ Nexperia, Japan’s Tokyo Electron and Fujifilm, Syrma SGS, AT&S, CG Semi and Ericsson, among others, to invest in the state and start manufacturing activities there, the report said.

Published – 19 Sep 2026 19:03 IST