New Delhi, Sept. 17 -- Global semiconductor equipment majors are stepping up investments in India, with Applied Materials announcing a USD 5 billion commitment over the next decade and Lam Research looking to invest around Rs 10,000 crore to establish its first silicon component manufacturing facility in India.

Addressing SEMICON India 2026 in New Delhi, Prabhu Raja, President of the Semiconductor Products Group at Applied Materials, announced the company's India Vision 2035, which includes a USD 5 billion investment over the next decade to deepen research and development, strengthen the semiconductor ecosystem and develop future talent in the country.

"Today we are announcing Applied Materials India Vision 2035 - A USD 5 billion invest...