Spanish company plans ₹19,000 crore semiconductor investment in Madhya Pradesh
Submer Group, a technology company based in Spain, is set to pour $2 billion—approximately ₹19,000 crore—into the semiconductor sector of Madhya Pradesh. This project is projected to generate roughly 5,000 direct job opportunities, which will help strengthen the state's workforce. This move supports India’s ongoing efforts to draw in international chip manufacturers and grow its internal semiconductor capabilities through national manufacturing programs.