India, July 30 -- Gradiant, a global leader in advanced water and wastewater solutions, today announced the successful completion of its work for a major new semiconductor manufacturing facility in Dresden, strengthening Europe's capacity to produce the technologies powering an increasingly digital and electrified world.

Representing an investment of approximately €5 billion, the new facility is one of Germany's largest industrial projects and a significant expansion within Silicon Saxony, Europe's leading semiconductor cluster. The project doubles manufacturing capacity at the customer's Dresden site and is expected to create approximately 1,000 highly skilled jobs.

The project is supported by approximately €1 billion in pu...