Karnataka could attract more than Rs 15,000 crore in semiconductor-related investment and over 2,000 jobs following discussions with more than 20 companies at Semicon India 2026 in New Delhi, state industries minister MB Patil said on Saturday.
The proposed investments include Lam Research’s announced Rs 9,298 crore project and Applied Materials’ planned investment of Rs 3,600 crore over 10 years. Both projects are linked to facilities in and around Bengaluru, placing semiconductor manufacturing and equipment development at the centre of Karnataka’s next industrial expansion.
Lam Research will receive 73 acres at Adinarayanahosahalli in Doddaballapura taluk for what the state has described as the country’s first silicon-component facility. The project is expected to create more than 1,000 direct jobs, according to Patil.
“The foundation stone for the facility will be laid shortly, and it is expected to commence operations within one-and-a-half years,” Patil said, as reported by the Times of India. The statement provides a projected construction and operations timeline, although the report does not specify the date for the foundation-stone ceremony or the terms of the land allocation.
Applied Materials will receive 140 acres at Bengaluru Signature Business Park for its proposed project, which is also expected to create more than 1,000 jobs. The company’s planned investment is spread over a decade, according to the report.
The scale of the proposed land allocations points to the physical requirements of semiconductor-related activity, which includes specialised facilities, manufacturing support and industrial infrastructure. The projects also connect Bengaluru’s technology ecosystem with a wider manufacturing base that requires land, skills and institutional coordination.
The employment commitments are being announced alongside a separate skills initiative in Bengaluru. Samsung India has launched its Innovation Campus programme at Nrupathunga University to train 2,000 young people aged between 18 and 25 in hands-on, industry-relevant artificial intelligence skills.
The programme was launched in the presence of higher education minister Basavaraj Rayareddi and academicians, the company said on Saturday. Rayareddi said collaborations between industry and academia could help students participate in opportunities created by emerging technologies.
The two developments involve different parts of the technology economy. Lam Research and Applied Materials are associated with proposed semiconductor-sector investments and facilities, while Samsung’s programme focuses on workforce training. Together, the announcements indicate that Karnataka is pursuing both industrial investment and skills development as part of its technology-sector strategy.
The proposed projects will require the state to move from investment discussions and land allocation to construction, commissioning and recruitment. The immediate milestones identified by the industries minister are the laying of Lam Research’s foundation stone and the expected start of operations within one-and-a-half years. The report does not provide an operational timeline for Applied Materials’ facility.
