Latest news with #SubmerTechnologiesSL
Time of India
18-07-2025
- Business
- Time of India
Govt signs MoU with Spain-headquartered firm to develop AI ready data centre
Indore: The Madhya Pradesh State Electronics Development Corporation (MPSEDC) signed a memorandum of understanding (MoU) with a Spain-headquartered global company specialising in data centre cooling technology. The MoU with Submer Technologies SL was signed to establish a strategic collaboration to jointly develop up to 1 gigawatt (GW) of next-generation, AI-ready data centre capacity in Madhya Pradesh. The agreement was signed during Invest in Madhya Pradesh Business Forum held in Barcelona in presence of chief minister Mohan Yadav. In a post on X, Yadav said, "At the Invest in Madhya Pradesh Business Forum held today in Barcelona, the capital of Spain, detailed discussions were held with entrepreneurs on immense potential for investment and trade in Madhya Pradesh, and they were invited to explore opportunities in the state. On this occasion, an MoU was also signed between @MPSeDC_DST and @submertech." "It is a matter of pride that Madhya Pradesh successfully earned the trust of global investors through its stable governance, industry-friendly policies, simplified procedures, and prompt decision-making," he said. The partnership aims to significantly reduce energy consumption, water usage, and environmental footprint, aligning with global efficiency benchmarks for data centre operations. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like American Investor Warren Buffett Recommends: 5 Books For Turning Your Life Around Blinkist: Warren Buffett's Reading List Undo Under the terms of the MoU, the govt of Madhya Pradesh will facilitate land allocation, regulatory clearances, and investment incentives for qualifying data centre projects. Submer Technologies, known for its vertically integrated solutions spanning data centre hardware, design, and AI infrastructure services, will provide advisory services, design certification, and capability-building support to enable successful execution of the roadmap. "The vision of Madhya Pradesh to lead India's green digital transition finds a strong alignment with Submer's commitment to climate-conscious infrastructure. This MoU marks the beginning of a robust partnership that will catalyse local employment, skill development and innovation, while building scalable infrastructure for the AI era," said department of science and technology additional chief secretary Sanjay Dubey. A visit from the team of Submer Technologies SL is scheduled for later this month to identify prospective sites and engage with ecosystem partners in the state.
Time of India
18-07-2025
- Business
- Time of India
Govt signs data centre deal with Spanish tech firm Submer
Bhopal: The state govt on Friday signed a strategic agreement with Spanish technology firm Submer Technologies SL to jointly develop advanced, energy-efficient digital infrastructure, including next-generation AI-ready data centres of up to 1 gigawatt capacity. The agreement, inked by the MP State Electronics Development Corporation during CM Mohan Yadav's visit to Spain, focuses on investment, technical collaboration, and the promotion of sustainable digital infrastructure. Compared to traditional methods, the new technology delivers up to 45% energy savings, and up to 90% water conservation. Submer will invest in construction, research and development, and technical areas in the state, while the MP State Electronics Development Corporation will finalise suitable land, basic infrastructure, policy support, and govt formalities for the project. The purpose of this partnership is not only to enhance the state's technical capacity in the digital domain but also to encourage skill development, innovation, and local employment generation. Youth in the state will receive training and job opportunities in cutting-edge digital technologies. Submer will assist in setting next-generation standards for the design and establishment of data centers in Madhya Pradesh. Acting as a technical advisor, Submer will provide global expertise in liquid cooling, energy optimization, and AI-based infrastructure development. This collaboration will establish Madhya Pradesh as a sustainable, AI-ready digital hub and bring long-term economic benefits to the state, said an official spokesperson at Bhopal. Yadav, on the third day of his visit to Spain, met with Jaume Duch Guillot, minister for foreign affairs of the govt of Catalonia, in Barcelona. During the meeting, Yadav proposed academic and research collaborations between premier institutions of Madhya Pradesh—such as IIT Indore and IISER Bhopal—and universities in Barcelona. Yadav invited Catalonia's leading companies in the fields of food processing, textiles and renewable energy to invest in Madhya Pradesh and explore avenues for technological collaboration. Highlighting the state's new industrial policy, robust logistics network and dynamic youth workforce, he emphasised that this is the ideal time for European companies to consider Madhya Pradesh as a promising investment destination. The chief minister discussed potential partnerships with organisations such as the FC Barcelona Foundation for programs focused on sports, leadership, and life skills. An agreement was also finalised to launch joint tourism campaigns in Europe to promote Madhya Pradesh's UNESCO world heritage sites—Sanchi, Khajuraho and Bhimbetka. Yadav also proposed strengthening cultural exchanges through performing arts, cinema, literature and museums.
