# Hycom Engineering plans ₹100 crore plant in Bidadi, India

Hycom Engineering is discussing establishing a third facility in Bidadi with a proposed capital expenditure of ₹100 crore. The new plant is expected to create 250 jobs and help double capacity to 80,000 units annually by FY29.

- Type: New facility
- Announced: 2024-12-27
- Where: Bidadi, Karnataka, India
- Value: $1.20M (100.0M INR)
- Jobs: 250
- Status: announced
- Capacity: 80,000 units per year
- Products: precision engineering products, swivel joints, rotary actuators
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Hycom Engineering](https://endata.com/companies/82030.md)

## Sources

- [thehindubusinessline.com](https://www.thehindubusinessline.com/companies/precision-manufacturer-hycom-engineering-targets-115-crore-revenue-by-fy29/article69029944.ece), 2024-12-27: "The new plant is expected to create direct employment for 250 people."

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