Honeywell inaugurates another manufacturing facility in India

Honeywell(NYSE:HON) now has seven state-of-the-art manufacturing facilities and five technology development and engineering centres in India with ~2 Mn sq. ft. of combined built-up area. As per the latest report, Honeywell has announced the launch of its seventh manufacturing facility in India. This 75,000-sq. ft. state-of-the-art facility has been built for Honeywell Automation India Limited (HAIL) and will significantly expand Honeywell’s manufacturing capabilities in the country.

"The Pune facility is the second manufacturing location we have built in India this year alone, demonstrating Honeywell’s continued commitment to India. The country is on the verge of an economic revival. The seed planting we did in India at a time when global investor confidence was low, gives us a headstart as we launch our second manufacturing facility within two months," said Thomas A. Szlosek, Senior Vice-President & CFO, Honeywell International.

"Honeywell already has a significant presence in Maharashtra with its automation and turbocharger manufacturing facilities based in Pune, built with an investment of around INR500 crore. It provides full-time employment to nearly 3,000 people in the state, besides indirect employment and livelihood generation through ancillary industries," said Anant Maheshwari, President, Honeywell India.

The new facility will integrate manufacturing, factory testing, quality control and advanced manufacturing engineering for Honeywell’s automation business in India.

It will provide a full suite of process solutions, which comprehensively deployed, can improve efficiencies for industries by up to 30 per cent. It will serve all major process industries such as refining, oil and gas, pulp and paper, power generation, chemicals, life sciences, and metals, minerals and mining.