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US Chip Toolmaker Lam Research to Invest Over $1 Billion in India’s Semiconductor Growth

Lam Research, a leading US-based chip toolmaker, has announced plans to invest over ₹100 billion ($1.2 billion) in Karnataka, India, reinforcing the nation’s ambitious semiconductor expansion strategy. The investment, formalized through a Memorandum of Understanding (MoU) with the Karnataka Industrial Area Development Board (KIADB), marks a significant step in India’s efforts to establish itself as a global semiconductor manufacturing hub. …

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Tata Electronics Appoints Bobby Mitra as CIO and President of AI & Digital Transformation

In a significant leadership move, Tata Electronics announced the appointment of Bobby Mitra as its new Chief Information Officer (CIO) and President of AI and Digital Transformation. Mitra will lead enterprise-wide initiatives focused on enhancing the company’s electronic manufacturing services (EMS), semiconductor assembly and test, semiconductor foundry, and design services. Mitra’s leadership will be pivotal as Tata Electronics looks to …

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