Colab Platforms to Form 'Colab Semiconductor Pvt. Ltd.' to Tap into India’s US $ 52 Billion Semiconductor Market

Colab Platforms Limited, a diversified technology company, has announced its decision to incorporate 'Colab Semiconductor Private Limited', a wholly owned subsidiary, to enter India's rapidly expanding semiconductor manufacturing and OSAT industry. This move is strategic as India's semiconductor market is projected to grow from $52 billion in 2024-25 to $108 billion by 2030, representing a robust compound annual growth rate (CAGR) of 15%. The expansion is driven by surging domestic demand for electronics, government incentives totaling ₹ 76,000 crores under the India Semiconductor Mission, and India's strategic positioning to capture a significant share of the projected $1 trillion global semiconductor market by 2030. This expansion will complement Colab Platform’s portfolio, which includes recent ventures in Artificial Intelligence, Blockchain, E-sports, Fintech, and Drone Technologies, positioning the company as a multi-sector technology powerhouse.