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HYCOM Engineering, based in Bengaluru, plans to invest ₹100 crore in a new manufacturing facility near Narsapur, Karnataka, with construction starting in 2027 and operations by 2028. The facility will enhance production of rotary joints, actuators, and slip rings to meet growing domestic and global demand.

Current production capacities are set to increase significantly over the next five to seven years. The company aims to produce globally competitive components, leveraging India's skilled labor and cost efficiency.