India, Oct. 24 -- Diversified technology company Colab Platforms announced the incorporation of a wholly owned subsidiary, Colab Semiconductor Private Limited, marking its entry into India's rapidly expanding semiconductor manufacturing and OSAT (Outsourced Semiconductor Assembly and Test) industry.
India's semiconductor market is projected to grow from $52 billion in 2024–25 to $108 billion by 2030, reflecting a CAGR of 15%, driven by rising domestic electronics demand, government incentives totaling ?76,000 crore under the India Semiconductor Mission, and the country's strategic potential to capture a significant share of the $1 trillion global semiconductor market by 2030.
Massive Growth Potential Across Sectors
Semiconductor dem...