➀ Colab Platforms Ltd has announced plans to establish a fully owned subsidiary in India, Colab Semiconductor Pvt Ltd, focused on semiconductor manufacturing and OSAT.
➁ The new unit aims to support India's domestic chip supply chain and capitalize on the country's growing semiconductor market.
➂ Colab Platforms believes the Indian chip market will grow from $52 billion in 2024-25 to $108 billion by 2030, with a CAGR of about 15%.