The Economic Times

Applied Materials announces $5 billion India investment under Vision 2035 for semiconductor ecosystem

Applied Materials will invest five billion dollars over the next decade. This investment aims to accelerate India's semiconductor ecosystem integration globally. The company will deepen research and development capabilities within India. It also plans to accelerate the local supply chain capacity ten times. President of the Semiconductor Products Group at Applied Materials, Prabhu Raja said speaking at SEMICON India 2026.