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

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.

By TOI BUSINESS DESK