India, Jan. 8 -- KLA Corporation has inaugurated a new R&D and Innovation Hub in Chennai, marking a significant expansion of its India operations and reinforcing the country's role in the global semiconductor technology landscape. The KLA Chennai R&D centre represents an investment of Rs 300 crore and is designed to support advanced engineering, AI and software development.

The 311,000-square-foot facility has been built to accommodate up to 1,300 employees and will serve as a key hub for R&D, engineering and product support functions. According to the company, the expansion is aimed at meeting rising global customer demand while supporting the development of India's emerging semiconductor ecosystem.

The inauguration was attended by sen...