Colab Platforms, a diversified technology and digital ventures company, has announced the formation of Colab Semiconductor Private Limited, a wholly owned subsidiary focused on semiconductor manufacturing and OSAT (Outsourced Semiconductor Assembly and Testing) operations. This strategic move positions Colab Platforms to participate in India’s rapidly developing semiconductor ecosystem — an industry projected to expand from $52 billion in FY 2024–25 to $108 billion by 2030, growing at a compound annual rate of 15%. The surge is fueled by increasing domestic demand for electronics, substantial government incentives of ₹76,000 crores under the India Semiconductor Mission, and the country’s push to secure a meaningful share of the projected $1 trillion global semiconductor market by the end of the decade.
India’s semiconductor requirements are being accelerated by multiple sectors — from electric vehicles and automotive electronics to smartphones, smart devices, 5G infrastructure, data centers, industrial IoT, and renewable energy systems. This expanding demand, supported by favorable policies and an evolving local ecosystem, creates an advantageous environment for companies like Colab Platforms that are entering early.
The initiative is aligned with the Atmanirbhar Bharat vision led by Prime Minister Narendra Modi, promoting technological self-reliance and deeper integration into global value chains. With India currently importing over ₹1.05 lakh crore worth of semiconductors each year, domestic production will not only reduce dependency but also enhance national security and generate more than 1.3 lakh direct and indirect employment opportunities.
Commenting on the announcement, Puneet Singh, Managing Director of Colab Platforms Limited, said, “The establishment of Colab Semiconductor marks a defining step in our evolution into high-impact technology sectors. By investing in semiconductor manufacturing and OSAT capabilities, we are strengthening India’s position in the global technology landscape while unlocking long-term growth opportunities for our stakeholders.”
The new venture builds upon Colab Platforms’ expanding portfolio, which includes initiatives in Artificial Intelligence, Blockchain, E-sports, Fintech, and Drone Technologies. The addition of semiconductor manufacturing reinforces the company’s strategy to participate in strategic, innovation-driven industries that shape the future of digital economies.
Colab Platforms Limited continues to focus on creating integrated ecosystems across technology, sports, and digital ventures, including esports, sports infrastructure, influencer collaborations, and digital content delivery — contributing to India’s youth and sports economy while driving sustainable growth across sectors.
