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Opens new Engineering Center in Bangalore
Bangalore, India, May 07, 2009 – Honeywell (NYSE: HON) Chairman and CEO Dave Cote today inaugurated a new $50m research, development & engineering facility at Orion, Outer Ring Road in Bangalore. It is Honeywell’s second R&D center in the city. The new facility will accommodate 3,000 people and features laboratory facilities, simulators, and a training center.
“India is an integral part of Honeywell’s global growth strategy,” said Honeywell Chairman and CEO, Dave Cote. “We are committed to India as a manufacturing location, export hub and most importantly as a centre of engineering and R&D excellence. Our presence here has grown from 1,000 employees in 2002 to more than 10,000 today. Honeywell has five manufacturing facilities and more than 20 other locations across the country with employees in 50 cities. We look forward to continuing our growth in India and building our capabilities here.”
Honeywell is well positioned in key growth areas including aerospace & defense, public safety & security and infrastructure development. Honeywell is collaborating with Hindustan Aeronautics Limited (HAL) to produce TPE331 aircraft engines in India. The company is also pursuing a program to re-engine the IAF’s strike aircraft Jaguar with its F125IN turbofan engine.
Honeywell Technology Solutions (HTS) – the company’s global R&D and innovation group – employs 6,000 engineers and is headquartered in Bangalore with additional centers in Hyderabad and Madurai, as well as internationally in China, the Czech Republic and the United States.
“India’s intellectual capital is a competitive advantage,” said Dr. Krishna Mikkilineni, President, Honeywell Technology Solutions. “Our team of engineers is working on developing critical technologies for global and Indian customers ranging from safe landing systems for aircraft to security solutions for the home to high-end city surveillance and critical infrastructure protection solutions. Honeywell is building a world that is safer and more secure, more comfortable and energy efficient, more innovative and productive.” Honeywell International ( www.honeywell.com) is a Fortune 100 global diversified technology and manufacturing leader. Each of the company’s four businesses - Aerospace, Automation and Control Solutions, Transportation Systems, and Specialty Materials - has operations in India. Honeywell has set up state-of-the-art manufacturing and engineering operations for its automation, turbocharger and refining businesses and operates its global centers of excellence for research, product development and innovation in India. Honeywell directly employs more than 10,000 people based in Delhi, Pune, Bangalore, Hyderabad, Chennai, Gurgaon, Madurai and several other cities. For more news and information on Honeywell, please visit www.honeywellnow.com |
