DN Solutions to Invest Rs 600 Crore in Bengaluru for New Factory and R&D Center

DN Solutions plans to invest over Rs 600 crore by 2030 to build a new manufacturing facility and R&D center in Bengaluru, India. The investment aims to enhance accessibility to its high-quality products in India and better meet local customer needs. The new facility is expected to be operational by 2026.

DN Solutions is set to invest over Rs 600 crore by 2030 to establish a new factory and research and development (R&D) center in Bengaluru, India. This strategic endeavor aims to bolster the company's presence and streamline order fulfillment in the burgeoning Indian market.

Wonjong Kim, the CEO of DN Solutions, recently met with S. Selvakumar, Principal Secretary of Industries for Karnataka, at Lotte Hotel Seoul to formalize the investment through a Memorandum of Understanding (MoU). The meeting also featured notable attendees such as M. B. Patil, Karnataka's Minister for Large and Medium Scale Industries, and Amit Kumar, India's Ambassador to Seoul.

Set to span approximately 100,000 sq.m within an industrial park near Bengaluru, the new facility will be fully operational by 2026. The Government of Karnataka has pledged its support through permits and incentives. This move underscores DN Solutions' commitment to India's market potential and competitive manufacturing capabilities.