UTI Large Cap Fund: Rs. 10 Lakh Invested At Inception In 1986 Grows To Rs. 24.54 Crore

UTI Large Cap Fund is India’s first equity-oriented fund (launched in October 1986) and has a track record of wealth creation of over 38 years.

UTI Large Cap Fund is an open-ended equity scheme which predominantly aims to invest in large cap companies having competitive advantage in their respective fields. It follows an investment style of Blend for stock picking. This means that it’s an approach that combines both growth and value stocks to create a balanced, all-weather equity portfolio.

The Fund aims to invest in companies that are fundamentally strong with controlled borrowings, consistent revenue growth, focus on profitability, higher return on capital than cost of capital and consistent operating cash-flows generation. Such companies may generate free cash flows for future expansion and avoid dilution of existing shares.

Owing to this Blend approach of, UTI Large Cap Fund may invest in companies with competitive franchise were,

The market is underestimating the companies’ ability to sustain growth over the long term or the benefits of pricing power

The growth trajectory is improving through industry wide phenomena like favourable demand cycle, consolidation, clearances of regulatory hurdles or through company specific factors like cost competitiveness and prudent capacity expansion

The business is capital intensive but the companies invest prudently and execute efficiently

The companies having opportunities to reinvest cash flows at high Return on Capital Employed (RoCE)

The relative valuation within the sector is attractive

This provides the investors an opportunity to create a long-term wealth by owning a portfolio of quality companies.

UTI Large Cap Fund has a portfolio of leading companies such as ICICI Bank Ltd., HDFC Bank Ltd., Kotak Mahindra Bank Ltd., Reliance Industries Ltd., Bharti Airtel Ltd., Larsen & Toubro Ltd., Infosys Ltd., Bajaj Finance Ltd., Axis Bank Ltd., and Eternal Ltd., and the top 10 stocks account for about 51% of the portfolio. The Scheme is currently overweight on Consumer Services, Financial Services, Automobile, Construction, and Construction Materials and underweight on FMCG, Services, Power, Healthcare and Consumer Durables, as of October 31, 2026.

The Fund has a corpus of over Rs. 11,527 crores as on October 31, 2026. The Fund aims at obtaining capital appreciation / or income distribution over long-term, follows a disciplined approach to invest as stated above and has maintained a stream of annual dividends every year since its inception. UTI Large Cap Fund has distributed a total dividend of about Rs. 4,500 crore.

TI Redefines Embedded Development With Agentic AI In Its CCStudio™ Ecosystem, Empowering Engineers To Accelerate Innovation

Agentic AI integration at every stage of embedded development dramatically shortens time to market, including a purpose-built skill that reduces software migration time from months to days

News highlights:
TI is strengthening the agentic capabilities of its CCStudio ecosystem, pairing industry-standard AI agents and models with its expansive resource library to deliver highly accurate results when developing with TI MCUs, as well as wireless connectivity and radar devices.

The industry’s first agentic device migration skill reduces software migration timelines from months to days, giving engineers the flexibility to seamlessly transition between compatible MCUs without sacrificing existing software investments.

The CCStudio development ecosystem works across developers’ environments, including Visual Studio Code, bringing TI-specific context, tooling and device knowledge into different AI configurations.

Texas Instruments (TI) (Nasdaq: TXN) today announced significant enhancements to its CCStudio™ ecosystem, strengthening its agentic artificial intelligence (AI) capabilities in order to streamline embedded software development across microcontroller (MCU), wireless connectivity and radar applications. Moving beyond generative code assistance toward autonomous development, the CCStudio ecosystem’s agentic AI framework injects device-specific knowledge directly into the AI tools engineers already use, enabling them to accelerate complex design tasks from months to days and focus on system-level design and innovation. TI is showcasing these innovations at electronica 2026, Nov. 10-13, in Munich, Germany.

TI’s CCStudio ecosystem integrates agentic AI capabilities, enabling engineers to accelerate embedded software development.

For more information, see ti.com/CCStudio.

“Embedded software development is an incredibly manual and time-consuming process that has been significantly changing over the last few years with agentic AI,” said Amichai Ron, senior vice president, Embedded Processing and DLP® Products at TI. “TI was one of the first semiconductor companies to enable agentic AI workflows in our development ecosystem, and over the last several months, we have been strengthening its capabilities to enable significantly better productivity. Device migration, system configuration, and debugging are all integrated with agentic AI built on TI’s embedded expertise. Our goal is to give developers a more efficient and accurate development experience so they can spend more time innovating.”

A new era of embedded development
For the last two years, generative AI tools have been helping engineers write code faster. However, they often struggle to complete complex embedded development tasks given the lack of hardware-specific context. TI’s CCStudio development ecosystem has been augmented with an agentic AI framework to address this challenge. Through context engineering, the framework injects device-specific knowledge, including software development kits (SDKs), pin configurations and peripheral data, directly into the workflow through Model Context Protocol (MCP) servers. Grounding AI models in TI data improves accuracy, reduces hallucinations and produces implementation-ready outputs. The architecture retrieves and delivers only the most relevant technical context to the model, reducing latency and token costs.

For example, TI’s CCStudio integrated development environment (IDE) exposes its core capabilities to industry-standard AI agents, allowing them to generate code, configure peripherals, build the application, flash it to the device, and debug it autonomously. Engineers can use simple language to move through the full development workflow in CCStudio IDE or CCStudio for VS Code, all without switching tools or rebuilding context.

To learn more, read the white paper, “Accelerating Embedded Development with Agentic AI in CCStudio™ IDE.”

Accelerating time to market with the industry’s first device migration skill
TI’s first-of-its-kind migration skill transforms what has historically required months of manual effort into a workflow completed in days, or even hours. When a developer prompts their preferred AI tool to migrate code from a competing device to a TI device, the model invokes TI’s skill to autonomously navigate the full migration process, while preserving the developer’s existing software investment.

Specialized subagents each handle a distinct phase of code migration automatically: analyzing the source project, configuring peripherals, updating code and API calls, and iterating through build errors to resolution. By offloading repetitive, time-consuming aspects of migration to this specialized skill, engineers can focus on high-level innovation, including system architecture and unique application features.

Enablement across TI’s embedded processing portfolio
Agentic AI capabilities in TI’s CCStudio ecosystem are available today across its general-purpose and real-time MCUs, wireless connectivity devices, and radar systems-on-chip. With a modular architecture that spans task-specific skills, MCP server integrations and context injection, CCStudio tools are designed to continuously expand support for new devices, updated SDKs and emerging edge AI development workflows.

The need for these embedded processing semiconductors is continuing to grow, spurred by the proliferation of autonomous, connected and AI-enabled systems. As demand continues, the strength of TI’s broad MCU portfolio and continued investment in building dependable capacity across its 300mm manufacturing footprint give customers confidence that they can scale with the portfolio they are designing in today and rely on well into the future.

TI at electronica 2026
At electronica 2026, in Hall C4, Booth No. 159, TI will demonstrate the latest enhancements in its development tools alongside innovations across its analog and embedded processing portfolios. Visitors can watch live demonstrations of agentic workflows in CCStudio IDE and CCStudio for VS Code, covering end-to-end application development from system configuration to debugging. For more information about TI at electronica 2026, see ti.com/electronica.

Availability
The CCStudio development ecosystem is available now as a free download on TI.com. The IDE supports multiple agents and models, allowing development teams to get started faster within the AI environment of their choice.

About Texas Instruments
Texas Instruments Incorporated (Nasdaq: TXN) is a global semiconductor company that designs, manufactures and sells analog and embedded processing chips for markets such as industrial, automotive, data center, personal electronics and communications equipment. At our core, we have a passion to create a better world by making electronics more affordable through semiconductors. This passion is alive today as each generation of innovation builds upon the last to make our technology more reliable, more affordable and lower power, making it possible for semiconductors to go into electronics everywhere. Learn more at TI.com.  

Burn-Related Claims Peak In The Diwali Quarter, Star Health Data Shows; Insurer Shares Simple Safety Steps

Quick media bites

* Burn-related claims reported in Q3 (October–December) were 28% above the average of the other three quarters in FY26, compared with 19% in FY25

* Star Health sets out preventive steps and first-aid guidance for burns and eye injuries, with a reminder to seek prompt medical help after any firecracker injury

As families gather for Diwali, Star Health and Allied Insurance Company Limited (NSE: STARHEALTH; BSE: 543412) urges them to celebrate with a safety-first approach. Its claims data shows burn-related claims in the festive quarter running 28% above the average of the other three quarters in FY26, and the insurer is sharing simple precautions and first-aid guidance to keep the season joyful.
Diwali Safety Snapshot

Star Health analysed burn-related claims across FY25 and FY26, quarter by quarter. Q3 (October–December), which takes in Diwali, is when claims rise: in FY26 they were 28% above the average of the other three quarters, compared with 19% in FY25.

These accidents are preventable. The same patterns recur each festive season: crackers lit without adult supervision, duds relit or mishandled, and onlookers standing too close. Burns often have ordinary causes too, such as sparks landing on synthetic clothing, loose garments drifting near a flame, or a hand reaching for a cracker that has not quite finished. A few simple measures help families celebrate without incident.

Amitabh Jain, Chief Operating Officer, Star Health and Allied Insurance Company Limited, said: “Diwali is a time of light and togetherness, and we want every family to enjoy it fully. Our claims data shows a clear pattern: in the Diwali quarter, burn-related claims run 28% above the average of the other three quarters, These injuries are largely preventable, and a few simple precautions can keep the celebration bright and joyful for everyone.”

“As a health insurer, your wellbeing is our priority, which is why we want every family to celebrate safely, take simple precautions and enjoy the festivities with their loved ones,” he added.

Star Health’s guide to celebrating the Festival of Lights safely:
Celebrating safely

6 Firecracker Safety Guidelines

Burst crackers only in open spaces and maintain a safe distance

Stay away from buildings, vehicles, electrical wires, and flammable materials.

Never hold firecrackers, anar, bombs, or rockets in your hand while lighting them.

Wear safe clothing and footwear

Choose close-fitting cotton clothes and sturdy closed footwear.

Avoid loose, flowing, or synthetic garments that can catch fire easily.

Children must always be supervised

Firecrackers should only be lit by adults or under close adult supervision.

Keep children away from unexploded or discarded fireworks.

Never relight a dud cracker

If a cracker fails to explode, do not approach or relight it.

Douse it with water or sand before disposal.

If a burn occurs, cool it immediately

Place the burned area under cool running water for 10 to 20 minutes.

Do not apply ice, toothpaste, oil, butter, turmeric, or any home remedies.

Seek urgent medical attention for serious burns

Burns involving the face, eyes, hands, feet, joints, or extensive body areas require immediate medical care.

Do not burst blisters or remove clothing stuck to the burn

If injury occurs, remember that the first few minutes matter most. Prompt first aid and timely medical attention can make a significant difference in recovery.

These six points align closely with the public guidance and burn first-aid recommendations issued by the DGHS_Guidelines_Safehandling of Firecrackers under the Directorate General of Health Services, Ministry of Health & Family Welfare, Government of India.

https://dghs.mohfw.gov.in/uploads/assets/T3qn4jpT8Aa40YBdtBXPBWYkKH4vwktdWleMpQKI.pdf

About Star Health and Allied Insurance: Star Health and Allied Insurance Company Limited (NSE: STARHEALTH; BSE: 543412), one of India’s leading standalone health insurance companies, commenced operations in 2006 as India’s first standalone health insurance company. Star Health provides Health, Personal Accident and Travel Insurance to its customers. The Company has grown to emerge as one of the preferred health insurance companies in India with several pioneering products and services to its credit. With customer-centricity at its core, the Company has developed superior and innovative product offerings, service capabilities and a seamless claims management process. Star Health offers tailor-made products to cater to needs such as cancer, diabetes and cardiac illnesses, as well as specific segments such as senior citizens, women and children. Star Health is India’s first health insurance company to settle over 1 crore claims.

Star Health and Allied Insurance Co. Ltd. has a strong multi-channel distribution network of 900+ offices, 8.7 lakh agents and robust bancassurance and financial institution partners. The Company has 17,000+ network hospitals and 18,500+ employees.

Talk to Star: helping policyholders plan care with confidence: Star Health offers guided support through 7200 222 333 for eligible policyholders seeking Home Healthcare or planned hospitalisation assistance. Customers can call the number and press 1 for Home Healthcare or press 2 for planned hospitalisation. The service helps customers understand coverage, network hospital options, the cashless process, required documents and care pathways before admission or home-based treatment. Non-policyholders can access free 24/7 Virtual OPD consultations through the Star Health Customer app.

For more information visit www.starhealth.in

Voltas Reimagines Cooling & Heating For Indian Homes With Its Hot & Cold AC Range, Delivering All-Season Comfort And Cleaner Air

* Engineered to perform across temperatures from -15°C to 52°C, the range combines powerful cooling, ambient heating, and advanced air purification for year-round comfort

Voltas Limited, India's No. 1 AC brand from the Tata Group, announced the launch of its new Hot & Cold AC Range, further expanding its Room Air Conditioner portfolio with products engineered to deliver reliable performance across diverse climatic conditions. Combining cooling and heating capabilities in a single appliance, along with advanced air purification technologies in select models, the new range is designed to provide superior indoor comfort throughout the year.

The new portfolio comprises Hot & Cold Inverter Split ACs across multiple configurations, including:

The Vectra Hot & Cold Series (1.5 Tr. & 2.0 Tr.) delivers dependable performance across ambient temperatures ranging from -7°C to 52°C, ensuring comfort in varying weather conditions.

With Delhi NCR AQI Levels going very adverse during winters, Voltas has launched an exclusive range of -7°C Vectra Hot & Cold (1.5 Tr.) with HEPA Filtration, featuring a HEPA Filter, PM1.0 Sensor, and AQI Display. The premium Vectra Hot & Cold with HEPA Filtration variant goes a step further by enhancing indoor air quality through advanced purification technology, enabling consumers to monitor and improve their indoor environment in real time.

The Vertis Hot & Cold Series (1.5 Tr. & 2.0 Tr.) is engineered to operate efficiently at temperatures as low as -15°C, targeted for Srinagar Market & for very low ambient temperature markets. The Vertis Hot & Cold Series is built for more demanding climatic conditions and operates efficiently from -15°C to 52°C, offering enhanced heating performance while maintaining optimal cooling efficiency.

Designed for all-season usage, the entire winter AC range seamlessly integrates cooling and heating functionality with energy-efficient inverter technology, eliminating the need for separate appliances for summer and winter.

Together, these products bring cooling, heating, and advanced air purification together in a single energy-efficient solution, delivering year-round comfort and healthier indoor living.

Commenting on the launch, Mr. Mukundan Menon, Managing Director, Voltas Limited, said: "Consumer expectations from room air conditioners are evolving, with increasing demand for products that offer greater versatility, convenience, and value throughout the year. At Voltas, our focus has always been on anticipating these changing needs and developing innovations that enhance everyday living.

Our new Hot & Cold AC Range reflects this commitment by bringing together cooling, heating, and advanced air purification capabilities in a single solution. Designed to perform across diverse climatic conditions and equipped with features that contribute to healthier indoor environments, the range reinforces our commitment to delivering meaningful innovations that are relevant to Indian consumers. As a trusted brand, we remain focused on advancing the Room AC category through technology-driven and customer-centric solutions."

The launch further strengthens Voltas' position in the Room AC category by expanding its offering beyond conventional cooling solutions. Through the integration of multiple comfort-enhancing technologies on a single platform, the Hot & Cold AC Range delivers a practical, energy-efficient, and future-ready solution designed for modern Indian homes.

As a category leader, Voltas continues to drive innovation focused on performance, energy efficiency, and consumer well-being, delivering solutions that align with the evolving expectations of today's households.

The new Hot & Cold AC Range combines advanced climate control, energy efficiency, and air purification technologies to deliver a comprehensive indoor comfort solution. Key features include:

Product Highlights at a glance:

Hot & Cold operation for year-round comfort

Operating temperature ranges from -15°C to 52°C

Energy-efficient inverter technology

HEPA filtration with PM1.0 sensor and AQI display in select models

Advanced air purification for healthier indoor environments

Available in 1.5 Tr. and 2.0 Tr. capacities

Designed for diverse Indian climatic conditions. 

The Grand Indian Culinary Trail At Machan, Taj West End, Bengaluru This November

This November, embark on a gastronomic journey across the country and most celebrated culinary regions with The Grand Indian Culinary Trail at Machan, Taj West End, Bengaluru.

Thoughtfully curated to showcase India's rich and diverse food heritage, the experience brings together beloved street food favourites, regional classics, live cooking stations, and traditional desserts that have defined generations of Indian dining.

Guests can savour an eclectic selection of appetisers including Amritsari Fish, Murgh Malai Tikka, Mysore Masala Dosa, Mini Thatte Idli with Chutney Podi, Mumbai Vada Pav, Dhokla with Coriander Chutney, Bengali Fish Fry, and Kasundi Paneer Tikka. The buffet further celebrates regional flavours through signature preparations such as Mangalore Chicken Ghee Roast from Karnataka, Rogan Josh from Kashmir, Galouti Kebab with Ulta Tawa Paratha from Awadh, Overnight Dal Makhani from Punjab, Laal Maas with Bajra Roti from Rajasthan, Doi Maach from Bengal, and Goan Prawn Curry with Steamed Rice.

Enhancing the experience are immersive live stations including Purani Dilli Chaat Chowk, Lucknow Kebab Gali, Royal Handi & Dum Biryani Experience, Dakshin Dosa & Appam Kitchen, Tandoor & Sigri Trail, and the Indian Bread Theatre, allowing guests to witness the artistry and flavours of India unfold before them.

No Indian feast is complete without indulgent desserts, and the trail concludes with regional sweet treasures including Malpua & Rabri, Mishti Doi, Sandesh, Jalebi, Gulab Jamun, Mysore Pak, and Obbattu, offering a fitting finale to the culinary voyage.

Details:

Date: 15 November 2026
Venue: Machan, Taj West End, Bengaluru
Timings: Lunch: 12:30 PM to 3:00 PM
Pricing: INR 3,700 plus taxes | Brunch with soft beverages
INR 5,000 plus taxes | Brunch with select premium beverages

For reservations, please call: 080 6660 5660.

IIHM Signs Landmark MoU With Government Of Andhra Pradesh To Transform Hospitality And Tourism Ecosystem

In a historic milestone for India’s hospitality, culinary, and tourism sectors, the International Institute of Hotel Management (IIHM) has entered into a landmark three-year Strategic Partnership Memorandum of Understanding (MoU) with the Government of Andhra Pradesh. Signed through the Andhra Pradesh Economic Development Board (APEDB) in Tirupati. This strategic alliance brings together government vision and global hospitality expertise to build a future-ready workforce and accelerate regional tourism.

The collaboration represents a transformative step forward in bridging education with enterprise. By combining IIHM’s renowned academic framework with the state's vision for economic expansion, the partnership aims to elevate standards across hospitality education, cultural promotion, destination marketing, and industry integration.

With a strong focus on sustainability, skills development, and emerging technologies—including Artificial Intelligence (AI) in service operations and destination management—the initiative aims to revitalize the state’s broader economic landscape.

Emphasizing the significance of this strategic union, Dr. Suborno Bose, Chairman of IIHM, highlighted the transformative potential of aligning high-level governance with specialized education. "This partnership marks a momentous occasion where government vision seamlessly meets global hospitality expertise. By joining hands with the Government of Andhra Pradesh, IIHM is committed to creating a vibrant ecosystem that empowers young talent with world-class skills, integrates cutting-edge technologies like AI, and positions the state as a leading benchmark for global hospitality education," he said.

Dr. Bose further underscored the broader cultural and economic implications of the agreement, particularly regarding regional heritage and destination growth: "Our alliance goes beyond conventional academic partnerships—it is about honoring the rich culinary heritage of Andhra Pradesh and reimagining its tourism potential. Together with the Andhra Pradesh Economic Development Board, we are opening dynamic new avenues for innovation, entrepreneurship, and employment that will resonate across the region for years to come."

*Four Core Pillars of the Partnership*

The strategic agreement outlines a clear roadmap to turn ambition into action across four key focus areas:

* World-Class Hospitality Education: Developing future-ready talent by introducing modern skill sets, international best practices, and advanced training methodologies to prepare students for global leadership roles.

* Celebrating Andhra Pradesh’s Culinary Heritage: Promoting regional culinary traditions, indigenous recipes, and food entrepreneurship, elevating the state's unique flavors onto global culinary maps.

* Reimagining Tourism: Enhancing destination visibility, promoting sustainable tourism models, and developing immersive culinary and eco-tourism experiences across key regions.

* Connecting Education with Industry: Creating robust pathways for industry collaboration, employment, innovation, and youth entrepreneurship.

*A New Chapter for Industry and Academia*

The signing ceremony in Tirupati marks the beginning of a sustained joint venture. By establishing direct linkages between academia, local government authorities, and global industry networks, the alliance ensures that hospitality training remains tightly aligned with evolving market demands.

As the three-year agreement unfolds, IIHM and the Government of Andhra Pradesh will launch dedicated skill development programs, host culinary research initiatives, and drive sustainable tourism campaigns across the state. This landmark initiative stands as a testament to what can be achieved when public vision and educational excellence unite to shape the future of India's service economy.

*About IIHM*

The International Institute of Hotel Management (IIHM) is a leading global network of hospitality management institutes, shaping the next generation of hospitality professionals through industry-integrated education, innovation and international exposure. With campuses across India and overseas, IIHM offers globally oriented programmes in hospitality, tourism and culinary arts. Through its pioneering initiatives in global culinary diplomacy, entrepreneurship, sustainability and Artificial Intelligence, IIHM continues to redefine the future of hospitality education.

Lam Research Challenge 2026 Brings Top Engineering Institutions Together To Solve Semiconductor Systems Challenges

Photo caption: Rangesh Raghavan, Corporate Vice President and Managing Director, Lam Research India, presents the winner’s trophy and prize cheque to the team from IIT Guwahati, which emerged as the overall winner at the 3rd edition of The Lam Research Challenge 2026.

More than 800 teams from nearly 190 colleges, including IITs and leading NIRF-ranked engineering institutions, competed in Lam’s advanced systems engineering challenge, showcasing the next generation of semiconductor talent.

As the AI era accelerates demand for skilled talent for the semiconductor industry, Lam Research, a leading supplier of wafer fabrication equipment, today announced the winners of the 3rd Lam Research Challenge. The event is the company’s elite, advanced semiconductor systems competition. More than 3,000 young aspiring innovators and engineers from nearly 190 colleges in India competed in this year’s challenge, underscoring the growing importance of systems engineering skills needed to design, build and optimize increasingly complex semiconductor manufacturing technologies. The winners were announced at the grand finale, held at PES University in

Bengaluru, on the 5 th and 6 th of November.

Sophisticated semiconductor manufacturing requires expertise spanning hardware, software, automation, data science, process engineering and advanced controls, making systems engineering a critical capability for the industry's future growth. The Lam Research Challenge is one of India's largest industry- led semiconductor engineering competitions, designed to build skills relevant to semiconductor manufacturing and advanced wafer fabrication. Unlike traditional engineering competitions focused on individual disciplines, this challenge encourages participants to apply systems-level thinking and understand how multiple technologies and functions interact within large-scale manufacturing operations.

Following a rigorous multi-stage three-month-long competition that included qualification and hardware- build rounds, selected teams advanced to the finale.

Highlights included:

Each team comprises four students, from multi-disciplinary backgrounds 25 finalist teams selected Finalists included students from 20 colleges, including 10 IITs, 2 NITs and 2 BITS campuses selected from 803 teams across 189 colleges in 23 states and 4 Union Territories During the finale, participants developed solutions to complex technical challenges, demonstrating creativity, engineering execution and the ability to translate ideas into working outcomes. Entries were evaluated on innovation, technical excellence, collaboration and problem-solving, and performance under pressure, with IIT Guwahati emerging as the overall winner. Runner-up, IIT Ropar and Second Runner-up - NIT Calicut secured the remaining podium positions. Winners shared prize money worth INR 1,000,000 while select students from this pool are offered internship opportunities with Lam Research, global wafer fabrication equipment leader.

“Congratulations to all the participants of the Lam Research Challenge 2026. Semiconductor manufacturing is one of the most sophisticated engineering environments in the world today, requiring talent that can solve complex, systems-level challenges,” said Rangesh Raghavan, corporate vice president and managing director, Lam Research India. “The Lam Research Challenge is designed to help students build these capabilities while gaining exposure to the kinds of engineering problems shaping the future of our industry. It further demonstrates our continuing commitment to inspire the next generation of innovators.”

Why Systems Engineering Matters in the AI Era

The industry's talent requirements are evolving beyond traditional engineering disciplines. Modern semiconductor manufacturing environments require engineers who can understand and optimize entire systems rather than individual components in isolation, creating growing demand for talent capable of integrating technologies across increasingly complex engineering environments. Building the pipeline of future talent continues to be important as India expands its role across semiconductor manufacturing, advanced packaging, equipment engineering and the broader electronics ecosystem.

Workforce Enablement Critical to Supporting India's Expanding Semiconductor Ambitions

Lam Research is supporting semiconductor workforce development through a portfolio of skilling initiatives spanning semiconductor education, advanced manufacturing training and applied systems engineering. These include Semiverse® Solutions, which is being deployed in India through a partnership with the India Semiconductor Mission and the Indian Institute of Science with a goal to help train up to 60,000 engineers over the next decade, the Lam Research Challenge, and a 240-hour advanced manufacturing skill development programme that provides industry-aligned training, certification and placement support for entry level manufacturing jobs. Together, these initiatives are helping build the talent pipeline needed to support India's growing semiconductor ecosystem.

About Lam Research

Lam Research Corporation (NASDAQ: LRCX) is a global supplier of innovative wafer fabrication equipment and services to the semiconductor industry. Lam's equipment and services allow customers to build smaller and better performing devices. In fact, today, nearly every advanced chip is built with Lam technology. We combine superior systems engineering, technology leadership, and a strong values- based culture, with an unwavering commitment to our customers. Lam Research is a FORTUNE 500 company headquartered in Fremont, California, with operations around the globe.