Colab Platforms, a diversified technology company, has announced the incorporation of Colab Semiconductor Private Limited, a wholly owned subsidiary, marking its entry into India’s rapidly expanding semiconductor manufacturing and OSAT (Outsourced Semiconductor Assembly and Test) sector.

India’s semiconductor market presents a major investment opportunity, projected to grow from USD 52 billion in 2024–25 to USD 108 billion by 2030, representing a robust compound annual growth rate of 15 per cent. This growth is being driven by surging domestic electronics demand, government incentives worth Rs 760 billion under the India Semiconductor Mission, and India’s strategic potential to capture a significant share of the projected USD 1 trillion global semiconductor market by 2030.

Riding India’s Electronics Growth Wave

The country’s semiconductor demand is fuelled by rapid technological adoption across multiple sectors, including automotive electronics powered by electric vehicles and advanced driver assistance systems, widespread smartphone and smart device usage, the rollout of 5G networks, data centre expansion, and the rise of industrial IoT and renewable energy technologies.

This strong domestic demand, coupled with favourable policy and ecosystem development, positions early entrants such as Colab Platforms to capture substantial long-term value in a market central to India’s digital and industrial future.

Advancing the Atmanirbhar Bharat Vision

Colab’s foray directly supports the Atmanirbhar Bharat vision led by Prime Minister Narendra Modi, aiming to achieve technological self-reliance while integrating with global supply chains.

India currently imports over Rs 1.05 trillion worth of semiconductors annually, and developing a domestic manufacturing base will enhance national security, reduce import dependence, and create more than 130,000 direct and indirect jobs.

Strengthening a Multi-Sector Technology Portfolio

By entering the semiconductor space—an industry characterised by high entry barriers, long-term contracts, and recurring revenues—Colab Platforms is consolidating its position as a multi-sector technology powerhouse.

The move complements Colab’s diverse portfolio, which already spans Artificial Intelligence, Blockchain, E-sports, Fintech, and Drone Technologies, aligning with its mission to invest in strategic, high-growth technology sectors that shape the future of digital economies.

“Colab Platform’s entry into semiconductor manufacturing and OSAT aligns perfectly with our broader mission to lead in high-growth technology sectors. This initiative will unlock multi-decade growth potential, strengthen India’s technology sovereignty, and create substantial enterprise value as the semiconductor ecosystem matures,” said Puneet Singh, Managing Director, Colab Platforms Limited.

This strategic move follows the company’s recent establishment of Colab Intelligence Private Limited, focused on artificial intelligence, further underlining Colab Platform’s commitment to diversified technology leadership across transformative industries.