Spain's Submer to invest $2 bn in MP semiconductor sector, may create 5,000 jobs

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Spain's Submer Group will invest $2 billion in Madhya Pradesh's semiconductor sector, potentially creating 5,000 jobs. The company plans to build a manufacturing facility for advanced liquid cooling solutions and aims to develop India as a regional manufacturing hub.

Spain's Submer Group will invest two billion dollars in Madhya Pradesh's semiconductor sector. This significant investment is expected to generate approximately five thousand direct employment opportunities. The company plans to establish a manufacturing facility for advanced liquid cooling solutions. Submer aims to position India as a central hub for manufacturing and serving the Asian region. The initiative also includes skill development programs for next-generation data centers.