Japanese semiconductor equipment giant Tokyo Electron Limited has set up a new development site in Bengaluru. The world’s fourth-largest semiconductor equipment maker in its Bengaluru facility will reportedly focus on software development, equipment design, simulation and joint research collaborations with Indian universities and academic institutions.
After Applied Materials, ASML and Lam Research, Tokyo Electron holds about 21 per cent of the global market share and nearly 90 per cent of the coater-developer segment.
Tokyo Electron’s investment in India underscores the country’s rising importance in semiconductor manufacturing and R&D. The announcement comes on the heels of PM Narendra Modi dedicating the country’s first indigenously manufactured semiconductor chip at the SEMICON India 2025 conference.
Tokyo Electron’s expansion also builds on deepening India–Japan semiconductor cooperation, formalized during Modi’s visit to Japan in August.
India has cleared over $18 billion worth of semiconductor projects, with the government committing Rs 65,000 crore in incentives under its Production Linked Incentive scheme.
The partnership spans design, manufacturing, equipment research, talent development and supply chain resilience.
Fumihiko Kaminaga, Senior Vice President at Tokyo Electron, stated that said India is “one of the most important semiconductor destinations in the world,” citing the country’s skilled workforce and policy push.
