July 16, 2024

BENGALURU EXPRESS

Truth Triumphs

Large and Medium Industries Minister meets South Korean Delegates to Explore Investment Opportunities

Bengaluru, Ju e 14: Minister for Large and Medium Industries, M.B. Patil, held a significant meeting today with representatives from D N Solutions, a leading global manufacturer of high-precision and high-value CNC machine tools, headquartered in South Korea. The discussions focused on exploring investment opportunities in Karnataka.
D N Solutions, the top machine tool maker in Korea and the world’s third-largest metal-cutting machine maker, designs over 400 types of products catering to industries such as automobiles, semiconductors/IT, aviation, medical services, and energy molds.
Representatives from D N Solutions, including Mr. Youngsam Kim, Director, India, and Mr. Jonghee Yun, Project Director, visited Karnataka to discuss potential investments. The meeting was held in presence of Gunjan Krishna, IAS, Commissioner for Industrial Development and Director, Department of Commerce and Industries and also included the team from Savills India, led by Mr. Srinivas N, Managing Director, Industrial and Logistics, accompanied by Mr. Sandeep Narayan Singh Deo and Ms. Shristy Singh. Savills is facilitating the deal between D N Solutions and the Government of Karnataka.
The Government of Karnataka delegation, scheduled to visit South Korea in July, will meet with D N Solutions’ Chairman in Seoul to further these discussions and strengthen bilateral investment relations.

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