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

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Spanish firm Submer Group has announced a $2 billion investment in Madhya Pradesh's semiconductor industry. The investment is projected to create around 5,000 direct jobs in the region. Submer plans to set up a manufacturing unit focused on advanced liquid cooling technologies. The company intends to make India a key manufacturing and service hub for the Asian market. The initiative will also include skill development programmes aimed at building expertise for next-generation data centres.

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Spain's Submer to invest $2bn in MP semiconductor sector, targeting 5,000 jobs · ShortSingh