Key Takeaways

* $5B long-term commitment: Investment will be deployed over the next decade.

* Supply chain at the centre: Applied Materials plans to expand India-based supply-chain capacity 10x by 2035.

* 140-acre research park: New advanced R&D infrastructure will bring together cleanrooms, engineering capabilities, customers and suppliers.

* Talent expansion: The company plans to significantly expand its R&D workforce and university partnerships in India.

Full Briefing :Applied Materials is expanding its India strategy beyond semiconductor equipment sales, committing $5 billion through 2035 to build R&D, supplier and talent capabilities. The company plans a 140-acre research park in Bengaluru and aims to grow its India-based supply-chain capacity tenfold, creating opportunities for both local and global suppliers.

The move comes as India attempts to build a broader semiconductor ecosystem spanning design, manufacturing, equipment, materials and packaging. With semiconductor demand projected to rise sharply, Applied Materials’ investment signals that global equipment companies are increasingly treating India as a long-term operating and innovation base, rather than simply an emerging chip market.

Source : https://www.financialexpress.com/business/news-applied-materials-commits-5-bn-to-supply-chain-capacity-4341940/?utm_