Applied Materials plans $400M semiconductor R&D centre in Bengaluru

Applied Materials India plans to build an Innovation Center for Semiconductor Manufacturing (ICSM) in Bengaluru, investing $400 million over four years, with potential to attract over $2 billion in investments and create 1,500 jobs.

“Our plan is to build Innovation Center for Semiconductor Manufacturing (ICSM) in India, designed to catalyse over $2 billion in investments, create high-tech opportunities, and accelerate semiconductor innovation.”m.economictimes.com

• 1 source
• m.economictimes.comApplied Materials says Bengaluru semiconductor R&D centre to rake in $2 billion - The Economic TimesSuraksha PJun 20, 2025

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