Colab Platforms Aligns with Government’s Vision to Establish India as an E-Sports Powerhouse
The Board of Directors of Colab Platforms Ltd. met on 23rd August 2025 and approved the company's alignment with the government's vision to establish India as an E-Sports Powerhouse. The Promotion and Regulation of Online Gaming Bill, 2025, cleared by Lok Sabha on 20th August 2025, recognizes E-sports as a legitimate competitive sport and seeks to promote its growth. Colab Platforms, a leading tech, sports and gaming company in India, welcomes this move, emphasizing the distinction between E-sports and other money gaming. E-sports is expected to contribute Rs.1100+ crore to India’s economy by 2025, with over 1.5 million esports athletes. The global Esports market surpassed $1.7 billion in 2024, with projections of reaching over $6 billion by 2030.
Key Highlights
- Colab Platforms aligns with the government's vision to establish India as an E-Sports Powerhouse.
- The Promotion and Regulation of Online Gaming Bill, 2025, recognizes E-sports as a legitimate competitive sport.
- Colab Platforms welcomes the government's move to promote E-sports and distinguish it from other money gaming.
- E-sports is expected to contribute Rs.1100+ crore to India’s economy by 2025.
- The global Esports market surpassed $1.7 billion in 2024, with projections of reaching over $6 billion by 2030.