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Krishna Mikkilineni
MD
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• 44 patents filed in FY 2005, 17 more than the previous year
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• Tatas exit JV, Honeywell to invest $10 mn to $15 mn in expanding operations over FY 2006
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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.
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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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