SynopsisSpain's Submer Group announced a significant $2 billion investment in Madhya Pradesh's semiconductor sector. This substantial financial commitment is expected to generate approximately five thousand direct employment opportunities. The investment was revealed during the MP Tech Growth Conclave 3.0 event held in Bhopal. Submer Group also received land allotment for a data center project within six days. This development marks a key step in bolstering the region's technological infrastructure.Spain's Submer Group here on Monday announced an investment of USD 2 billion (Rs 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 rupees) 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. ...moreElevate your knowledge and leadership skills at a cost cheaper than your daily tea.Subscribe Now