DN Solutions to invest 100B KRW in new factory and R&D center in Bengaluru, India

DN Solutions signed an MoU to invest over 100 billion KRW by 2030 to build a new factory and R&D center in Bengaluru, India, with completion expected by 2026.

“DN Solutions, the world's third-largest and South Korea's top company in the machine tool sector, will invest over 100 billion KRW in the first phase by 2030 to establish a new factory and research and development (R&D) center in Bengaluru, India”asiae.co.kr

• 2 sources
• asiae.co.krDN Solutions invests 100 billion KRW to establish new factory and R&D center in India - The Asia Business DailyChoi SeoyoonJul 2, 2024
• pulse.mk.co.krDN Solutions to invest more than $72 mn to build new factory in India by 2030 - 매일경제 영문뉴스 펄스(Pulse)Jul 3, 2024

Summarized from public sources; check the original articles before acting on it.