# Biesse India plans new factory with over ₹200 crore investment

Biesse India, a subsidiary of Biesse SPA Italy, plans to set up a new factory with larger capacity to produce more machines, with an investment of over ₹200 crore. The company also aims to achieve 80% localisation of manufacturing within two years.

- Type: Expansion
- Announced: 2024-11-20
- Where: Nelamangala, Bengaluru, India
- Value: $24.0M (2.00B INR)
- Status: announced
- Products: CNC wood working machines, CNC machines for stone and glass
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Biesse India](https://endata.com/companies/81166.md)
- [Biesse Group](https://endata.com/companies/17410.md) (partner)

## Sources

- [thehindubusinessline.com](https://www.thehindubusinessline.com/companies/biesse-india-aims-for-80-localisation-of-manufacturing-within-two-years/article68889263.ece), 2024-11-20: "We are looking at an investment of over ₹200 crore to expand our manufacturing capabilities."

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