New Delhi, Sept. 1 -- Union Minister of Commerce and Industry Piyush Goyal held a meeting on Monday with Tim Archer, President & CEO of Lam Research.

In a post on X, Goyal said they "discussed the company's India growth plans and the immense opportunity that our country offers to build the next-gen semiconductor ecosystem with R&D, skilling, design and manufacturing."

The meeting built on Lam Research's significant announcement earlier this year, in February, when the US-based semiconductor services company unveiled a major investment of over Rs 10,000 crore in India, marking a key step in boosting the country's semiconductor ambitions.

In his X post, Union Minister Ashwini Vaishnaw on Tuesday informed about the major investment and sa...