Spain-based Submer Group announced a US$2
billion investment in Madhya Pradesh's semiconductor sector
¨
Spain-based Submer Group
announced a US$2 billion investment in Madhya Pradesh's semiconductor sector.
¨
The announcement was made
on 13 July 2026.
¨
The investment includes a
semiconductor facility and a 1-gigabyte data centre facility in the state.
¨
The project is expected
to generate nearly 5,000 direct jobs.
¨
Submer Group is a
Spain-based company specializing in data centre cooling technology.
¨
The company plans to use
the Madhya Pradesh facility as a manufacturing and export hub for cooling
technology across Asia.
¨
The announcement was made
during the MP Tech Growth Conclave 3.0 held in Bhopal.
¨
Madhya Pradesh is
promoting industrial diversification beyond agriculture and mining.
¨
The state is focusing on
technology, electronics, and advanced manufacturing as part of its investment
strategy.
¨
The Madhya Pradesh
Government allotted 15 acres of land in the Acharpura Industrial Area for the
data centre project.
¨ The land was allotted within six days of the company's request.
¨ The fast-track approval was aimed at promoting technology infrastructure and attracting high-tech investments in the industrial zone.
