New Delhi: In a decisive move to enter one of the world’s fastest-growing technology sectors, Colab Platforms Limited announced the formation of “Colab Semiconductor Private Limited,” a wholly owned subsidiary aimed at capturing India’s booming semiconductor and OSAT (Outsourced Semiconductor Assembly and Test) market. The initiative aligns with the Government of India’s Atmanirbhar Bharat mission and marks a strategic expansion of Colab’s diversified technology portfolio.
India’s semiconductor market, valued at $52 billion in 2024–25, is projected to more than double to $108 billion by 2030, growing at a compound annual growth rate (CAGR) of 15%. This surge is driven by rising domestic demand for electronics, robust policy support, and India’s positioning within the global supply chain. The India Semiconductor Mission has earmarked ₹76,000 crores in incentives, further accelerating the sector’s growth trajectory.
Colab Platforms’ entry into this high-barrier industry reflects its commitment to long-term value creation and technology leadership. The company aims to leverage India’s strategic opportunity to capture a significant share of the projected $1 trillion global semiconductor market by 2030. With India currently importing over ₹1.05 lakh crore worth of semiconductors annually, domestic manufacturing is expected to reduce import dependency, enhance national security, and generate over 1.3 lakh direct and indirect jobs.
The semiconductor demand is being fueled by rapid adoption across multiple sectors, including automotive electronics—especially electric vehicles and advanced driver assistance systems—smartphones, smart devices, 5G infrastructure, data centers, industrial IoT applications, and renewable energy technologies. This ecosystem expansion presents a lucrative opportunity for early movers like Colab Platforms.
Puneet Singh, Managing Director of Colab Platforms Limited, stated, “This move into semiconductor manufacturing and OSAT is a natural extension of our mission to participate in strategic, high-growth technology sectors that shape the future of digital economies. It will unlock multi-decade growth potential and reinforce India’s technology sovereignty.”
The announcement follows Colab’s recent establishment of “Colab Intelligence Private Limited” for artificial intelligence operations, underscoring the company’s commitment to diversified technology leadership. Colab’s portfolio already spans Artificial Intelligence, Blockchain, E-sports, Fintech, and Drone Technologies, positioning it as a multi-sector technology powerhouse.
Colab Semiconductor Pvt. Ltd. will serve as a cornerstone in Colab’s broader strategy to build future-ready infrastructure and contribute meaningfully to India’s self-reliance goals. The company’s proactive stance in entering high-growth, high-impact sectors reflects its vision to create sustainable enterprise value while supporting national development priorities.
