Lam Research Commits $1 Million to Battle Against COVID-19 in India
Funds will go to local charities and the Direct Relief organization to provide critical medical supplies and support
Chennai , 5th May 2021 – Lam Research today announced it will donate $1 million (7.5 cr INR) for COVID-19 relief and recovery efforts in India. The funds will support both local efforts in Bangalore and the Direct Relief organization’s efforts to provide oxygen concentrators and other critical medical supplies to health care prov iders in communities across India.
Additionally, the company has established a two-for-one matching gift campaign for monetary donations made by its global employees to eligible COVID-19 relief programs supporting India.
“It is heartrending to see the suffering of so many communities in the country,” said Rangesh Raghavan, corpor ate vice president and general manager at Lam Research India. “Here at Lam, we are committed to sta nding st rong with the nation during these very difficult times. Given th e massive scale and rapid pace of this health crisis, together with the gl obal leadership team at Lam, we decided to accelerate and strengt he n our funding to suppo rt those most affected.”
Throughout 2020, the Corporate Social Responsibility (CSR) team at Lam Research India, has invested in educ ation and COVID-19 relief, including designing and funding Suraksha kiosks used for sample collection that put a protective physical barrier between healthcare professionals and patients as well as donated personal protec tive equipment (PPE) kits to government-run hospitals.
Over the last few weeks, the CSR team has engaged with local NGOs, authorities, and healthcare professionals to prepare an even more broad and meaningful strategy in the fight against COVID-19.
“We are humbled to be able to support those on the front lines, as well as families who are most vulnerable in our community,” Raghavan added. In 2020, Lam Research gave each employee around the world below the dire ctor level a support payment to em power employees to use this relief funding where they believe it will have the greatest impact. This initiative rea ched over 90% of Lam’s approximately 10,700 employees.
With more than 1,000 employees in Bengaluru, the Lam Research India site plays a crucial role in working on th e leading edge of the semiconductor innovation cycle.
