LAM Research, a global provider of semiconductor equipment and services, has shown interest in setting up a new laboratory in Karnataka.
Minister for Large and Medium Industries, Government of Karnataka, MB Patil held a discussion with the representatives of the company management in this regard, here on Thursday.
MB Patil is currently leading a high-level delegation to the United States of America to attract investments to the state. Patil will meet a host of companies from semiconductors, automobiles/EVs, aerospace and defence, space and medical technology, among others.
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LAM Research has already established presence in Karnataka since 2000 and its campus in Bengaluru focuses on hardware engineering, global operations management and software development support. During the State Level Single Window Committee meeting held in September, the company obtained approval to set up engineering, R&D, testing and prototyping of capital goods tooling for semiconductor and display manufacturing. You plan to invest $236 crore in this project.
LAM Research also plans to contribute to the development of Indian suppliers and establish connections with the existing supplier ecosystem in Karnataka, the company said.
Rangesh Raghavan, Corporate Vice President, Karthik Rammohan, Group Vice President, Pat Lord, Executive Vice President and Chief Operating Officer, and Vartan Djihanian, Director, Government Affairs, were present during the conversation with the minister.
LeoLabs, a pioneering force in transforming the satellite operations landscape, intends to establish a Center of Excellence (CoE) for space technology research in Karnataka. Representatives of the company management held talks with Patil on Thursday in this regard.
The company is also exploring opportunities to integrate into the space ecosystem of Karnataka. With a suite of 10 radar satellite tracking services, LeoLabs enables automated, independent tracking for fleets of any size. Its innovative approach is reshaping the way missions are launched, tracked and managed, offering crucial information and support for the rapidly evolving space industry.
Dan Ceperley, founder and CEO of LeoLabs, and Rachit Bhatia, director of space security research and analysis, were present during the talks with the minister.
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Tfirst, a growth-stage portfolio company backed by Boeing and Solar Industries India Limited, has shown interest in setting up an R&D center in Bengaluru. Once sufficient scale is achieved, the company plans to explore hardware assembly and manufacturing in Karnataka, company officials told Patil.
The company also plans to work with clients in tier 2 and tier 3 cities in Karnataka.
Minister for IT/BT and Science and Technology Priyank Kharge, S Selvakumar, Principal Secretary to Government, Department of Commerce and Industries, and Gunjan Krishna, Commissioner for Industries, were present during the occasion.
Sahil Chawla, CEO and co-founder, and Ramesh Singh, co-founder and chief strategist of T second, represented the company during the talks with the minister.
Founded in 2020, T second is developing technologies that reinvent how companies and organizations activate big data to drive insights and innovation. T second is working to accelerate the value of the global data sphere by addressing the complexities of massive data generation.