Spain’s Submer Group to invest $2 billion in semiconductor industry in Madhya Pradesh
Spain’s Submer Group here on Monday announced an investment of $2 billion (₹19,000 crore) in the semiconductor industry in Madhya Pradesh, a senior state government official said.
This would create nearly 5,000 direct employment opportunities, he said.
“A $2 billion investment (₹19,000 crore) in the semiconductor industry was announced today by Spain’s Submer Group at the MP Tech Growth Conclave 3.0: GCC – Data Centres and Semiconductors,” the official said in a statement.
An email requesting land allotment for a data centre project was received, and 15 acres of land were allotted in the Acharpura industrial area within six days, he added.
