DN Solutions breaks ground for factory in India

On August 21, 2025, DN Solutions, known as the world's third-largest machine tool manufacturer, commenced construction on a factory located in an industrial complex in Bengaluru, India. This marks a significant milestone for the South Korean company as it seeks to expand its operations internationally. The factory is expected to produce customized machine tools, including the highly sought-after SVM 4100i vertical machining centers, with production slated to begin in the first half of 2026. This facility will be DN Solutions' second international production site, following its established plant in Yantai, China, which has been operational since 2004. The decision to invest in Bengaluru is part of DN Solutions' strategic initiative to enhance its global presence in the machine tool market. The company had previously signed a memorandum of understanding with the Karnataka state government in July 2024, solidifying its commitment to invest over $70 million into the region—marking its largest overseas investment since joining the DN Group in 2022. With Bengaluru housing around 25% of India’s machining tool makers, DN Solutions anticipates benefiting from a robust manufacturing supply chain that supports industries like automobiles and electronics. To further bolster its operations, DN Solutions has also announced plans to establish a research and development center in Bengaluru. By 2032, the company aims to employ more than 500 workers, tapping into the local talent pool to drive innovation in its product offerings. As CEO Kim Won-jong remarked, this initiative enhances the company's connectivity with India's manufacturing industry, which has shown a growing demand for machine tools amidst heavy investments in key sectors. Despite facing challenges in the financial markets that led to the postponement of a planned initial public offering valued at over $1 billion, DN Solutions' focus remains on its Indian venture. The establishment of a factory and R&D center is expected to position the company strongly within the landscape of India's manufacturing sector, highlighting the country’s emerging role as a hub for advanced manufacturing technologies.