US COMPANIES IN INDIA
Background
Honeywell International, a Fortune 100 company, is a US$ 25 billion diversified technology and manufacturing leader. Across the world it serves customers with aerospace products and services;
control technologies for buildings, homes and industry;
automotive products; turbochargers; and specialty materials. It has over 100,000 employees in nearly 100 countries and more than 13,000 active patents worldwide. Honeywell is one of the 30 stocks that make up the Dow Jones Industrial Average and is also a component of Standard & Poor’s 500 Index.
Honeywell has had a presence in India for many decades and currently has three campuses across India at Pune, Bangalore and Gurgaon, employing about 4,500 people.
• The company has a presence in automation &
control systems through Honeywell Automation India Ltd, the erstwhile Tata Honeywell, based in Pune. This is a listed company, employing about 1500 people, with estimated 2004 sales of US$
90 million. Honeywell Automation India also provides project engineering services to its customers worldwide.
• In Gurgaon, Honeywell has teams supporting the
Aerospace, Specialty Chemicals and Fire business groups. A newly established call centre supports the control systems group in the US
• Honeywell Technology Solutions Lab (HTSL) is a global engineering and technology centre of excellence providing technology, product and business solutions meeting global standards of quality, innovation and lifetime performance. HTSL has offices in Bangalore and Madurai in India and operates at SEI CMM Level 5 Maturity and PCMM Level 5 Maturity. Recently, HTSL has earned the recognition as one of the Top 10 Great Places to Work in India.
• Honeywell Turbo Technologies is setting up a new plant in Pune to manufacture state-of-the-art turbochargers for automobiles.
Factors for success
Honeywell’s success in India is driven by three factors… its innovative high technology products and solutions serving the fast growing segments in India;
its motivated pool of skilled human resources and its strong brand presence within most of the business segments that it operates in… Honeywell has recently been recognised as a ‘SuperBrand’ in India.
Leveraging the India Advantage
India – an attractive market With India emerging as one of the fastest growing economies in the world, Honeywell sees increasing opportunities for its products and solutions in the domestic market. Customers in India are looking for products and solutions with cutting edge technologies to enable them to be globally competitive.
India - a global engineering base
Honeywell’s Technology Solutions Lab in Bangalore was founded in 1994 as an ‘offshore development centre’. Today it provides Product Solutions &
Analytics, New Product Introduction, Advanced Research and Technology and IT & Business Process Solutions support to Honeywell businesses across the globe. It is a SEI CMM Level 5 company and has filed more than 50 patents so far. It is among the top ten development centres of multinational companies in India. Honeywell also provides engineering and customisation support at Honeywell Automation India Ltd. in Pune for its process control solutions groups worldwide. The manufacturing facility in Pune is the first company in its space to have got a double certification for ISO 14000 and OHSAS 18001.
India - a sourcing hub
Honeywell is exploring several opportunities to leverage cost effective manufacturing capabilities of suppliers in India for its global requirements.
Future plans
Honeywell has a very positive outlook for India. It is looking to double its business in India over the next
HONEYWELL INDIA
Honeywell India: AT A GLANCE
• Honeywell: US$ 25 billion diversified technology and manufacturing leader
• Honeywell Technology Solutions, India: 100%
Export Oriented Unit. Provider of software and hardware solutions for Honeywell worldwide
• Honeywell Automation India Ltd, India: Wide range of products and services across various segments. Automation control products and process solutions
• Factors for success: High-quality and cost- effective manpower. Strong parental support
• For Honeywell, India is: A software development hub A growing market.
• Future plans, India: Expand presence in R&D.
Focus on the local market. Make India a sourcing base for global operations two years and considering the launch of all its product lines in India in the near future.
