KLA Corporation, a US semiconductor equipment major, will invest $400 million (around ₹3,600 crore) to set up a global R&D and Innovation Campus in Chennai. The proposed facility is expected to create up to 4,000 high-skilled jobs.
Sharing the development on X, Tamil Nadu Industries Minister TRB Rajaa said KLA, one of the “big three” in semiconductor manufacturing design and R&D, has signed a memorandum of understanding with Guidance Bureau, the State’s nodal agency for investment promotion and single-window facilitation, on Friday.
The 12-acre campus is envisioned as KLA’s global R&D and innovation hub, with a potential built-up capacity of up to 1.5 million square feet over time. It will support advanced research in high-performance computing, process control engineering software and AI-driven semiconductor innovation. “When fully developed, this will be KLA’s largest integrated R&D presence outside its global headquarters,” Rajaa said.
The investment comes as Tamil Nadu steps up efforts to build a full-stack semiconductor ecosystem. Last year, the State launched the ₹500-crore Tamil Nadu Semiconductor Mission 2030 (TNSM 2030) to attract chip design and allied investments. KLA’s focus on inspection and process control adds another layer to the State’s semiconductor ambitions.
Nasdaq-listed KLA Corporation is a leading supplier of equipment used to measure and inspect semiconductor chips. The company has over 15,000 employees across 18 regions and reported revenue of $12.75 billion in 2025.