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Spain's Submer Group to Invest $2 Billion in Madhya Pradesh Semiconductor Project
✍️ The Economic Times
🗓 13 Jul 2026, 08:19 PM
👁 34
Spanish semiconductor firm Submer Group announced a $2 billion investment to set up a semiconductor manufacturing facility in Madhya Pradesh, India.
Spanish semiconductor manufacturer Submer Group has revealed plans to invest $2 billion in a new semiconductor manufacturing facility in the Indian state of Madhya Pradesh. The announcement was made by the company’s senior executive during a press briefing held in New Delhi.
The investment aligns with India’s broader strategy to boost domestic semiconductor production and reduce dependence on imports. By establishing a plant in Madhya Pradesh, Submer Group aims to tap into the state’s growing industrial ecosystem and skilled workforce.
Submer Group, headquartered in Spain, has a portfolio of semiconductor fabrication and design services across Europe and the Americas. The company’s entry into India marks a significant step in expanding its global footprint.
While the exact site and construction timeline have not been disclosed, industry observers expect the project to create several hundred jobs and contribute to the development of a local supply chain for advanced electronics manufacturing.
The investment aligns with India’s broader strategy to boost domestic semiconductor production and reduce dependence on imports. By establishing a plant in Madhya Pradesh, Submer Group aims to tap into the state’s growing industrial ecosystem and skilled workforce.
Submer Group, headquartered in Spain, has a portfolio of semiconductor fabrication and design services across Europe and the Americas. The company’s entry into India marks a significant step in expanding its global footprint.
While the exact site and construction timeline have not been disclosed, industry observers expect the project to create several hundred jobs and contribute to the development of a local supply chain for advanced electronics manufacturing.