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Honeywell Technology Solutions: Higher Stakes
Over the past decade, the Bangalore center has become one of the group's key labs, serving all businesses of Honeywell


Krishna Mikkilineni
MD

44 patents filed in FY 2005, 17 more than the previous year

Tatas exit JV, Honeywell to invest $10 mn to $15 mn in expanding operations over FY 2006

The $25 bn diversified technology leader further raised the stakes in its Bangalore operations with innovative high technology products and automation solutions. Human resources was ramped up in line with the company's growing brand presence in segments like aerospace, instrumentation, process control systems and automated control solutions. The India center has become one of the key laboratories of the group serving all businesses of Honeywell. The lab has developed solutions for Honeywell's global customers and deployed them in the US, China and the Asia Pacific. Investment issues plagued the 15-year-old Tata-Honeywell (now Honeywell Automation India Limited) JV announced in 2004. Tatas exited the JV, which Honeywell upgraded to an 82% holding of outstanding shares. The new holding pattern will give Honeywell more leeway to operate on further investments as well as hiring plans.

 

l Start-up Year: 1995 l Products & Services: Aerospace, process management, automation, security and control systems l Employees: 3,450 l Address: 151/1 Doraisani Palya, Bannerghatta Road, Bangalore l Tel: 2251554 l Website: www.india.honeywell.com

 

 
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