Hykon started manufacturing Lithium Ion Batteries for Electric Vehicles. Hykon’s 4th manufacturing unit was inaugurated in February 2019.
In 2018, as a step towards spreading its wings to North Eastern states, Hykon started its second solar water heater manufacturing unit at Pune, Maharasthra.
In 2017, Hykon joined all its units together and renamed as a single entity – Hykon India Ltd
Hykon had joined two of its factories together so power Electronics Products manufactured under a single roof.
In 2009 Hykon started a solar water heater manufacturing Unit at Coimbatore, Tamilnadu - Hykon Solar Energy Pvt Ltd.
The parent company – Hykon Electronics Systems was shifted to its own premises, at Thalore, Thrissur Kerala.
Hykon had its own corporate office at Thrissur. Kerala. Till then was functioning at a rented premises.
With UPS and Inverters – Hykon added solar products too, in its Portfolio from year 1999. Hykon had a separate division Hykon Solar – engaged in sales of Solar water heaters and Solar Street lights.
In 1996 itself Hykon diversified into IT enabled services and started Hykon Transcripts Pvt Ltd – a company providing Medical transcription services to doctors in USA. It is situated in Special Economic Zone, Kochi Kerala.
In 1995, Hykon decided to have a separate company to look after sales and after sales of all Hykon products and started Hykon Marketing systems. It later changed its name to Hykon India Pvt Ltd. For this company Hykon had opened branches all over South India for sales and after sales services. Head office is situated at Thrissur, Kerala.
Then in 1994 Hykon started its new factory near to the first unit – for manufacturing UPS. It was started as a spate company – named Hykon Power Electronics.
Hykon started manufacturing other power Electronics Products - like Online UPS, Line Interactive UPS and Servo Controlled Voltage Stabilizers
Hykon had a very humble beginning. Started with 5 employees, with a capital of Rs. 50,000 in a rented place.