# 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.

- Type: New facility
- Announced: 2024-07-02
- Where: Bengaluru, Karnataka, India
- Value: $72.0M (100.0B KRW)
- Starts operating: 2026
- Status: announced
- Products: machine tools
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [DN Solutions](https://endata.com/companies/67253.md)

## Sources

- [asiae.co.kr](https://www.asiae.co.kr/en/article/2024070215531947299), 2024-07-02: "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"
- [pulse.mk.co.kr](https://pulse.mk.co.kr/news/english/11057375), 2024-07-03: "DN Solutions will invest more than 100 billion won ($72 million) by 2030 to build a new factory and research center in Bengaluru, India."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.