India, Nov. 28 -- India is moving into a phase where AI-built systems are no longer niche. They are showing up in smartphones, vehicles, automation lines, and everyday consumer devices. As this shift gathers pace, the need for storage that can keep up with faster processing and larger data volumes has grown sharply.

Government-led programmes such as Make in India and the Production-Linked Incentive scheme are also pushing more focus on domestic semiconductor development. At the same time, AI-optimised chips, improved SoC designs, and edge computing devices are becoming common. Embedded AI in IoT devices is adding to the load, creating a fresh demand cycle for efficient memory.

Lexar is aligning itself with this wave. The company is expa...