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Economic Times Tech
Economic Times Tech
7/13/2026
Spain's Submer Group to invest USD 2 billion in semiconductor industry in MP

Spain's Submer Group to invest USD 2 billion in semiconductor industry in MP

Short summary

Spain's Submer Group announced a $2 billion investment in Madhya Pradesh's semiconductor sector, expected to create ~5,000 direct jobs. The investment was revealed at the MP Tech Growth Conclave 3.0 in Bhopal, with land allotment for a data center project completed in six days. This marks a significant step in strengthening the region's tech infrastructure.

  • •Submer Group investing $2B in MP semiconductor sector
  • •~5,000 direct jobs expected from the investment
  • •Land allotted for data center project within six days

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#funding-acquisition#industry-adoption
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