Latest News | ATM Maker Diebold Nixdorf to Expand Presence in India with New Plant in Bengaluru

Bengaluru, Nov 23 (PTI) US-headquartered ATM manufacturer Diebold Nixdorf on Wednesday said it is set to expand its presence in India through a new manufacturing facility.

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The New York Stock Exchange-listed company said it has started manufacturing its DN Series cash dispensing and cash recycling machines in a manufacturing facility here.

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The dedicated plant has been set up with its contract manufacturing partner in India, NASH Industries, the company said in a statement.

The state-of-the-art manufacturing establishment covers an area of approximately 27,000 square feet with an inbuilt capacity of manufacturing more than 18,000 machines per year, it said. "The first batch of machines is rolling out today," it said.

The company said it has dedicated global development centres in Mumbai and Hyderabad.

"In addition, Diebold Nixdorf has an existing strength of more than 2,000 direct employees in the country, who are critical to the success of the company's global Software and Services business," the statement added.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)