Companies operating in India's Consumer Goods sector reported substantial growth in the quarter that ended December 31st, fueled by the stabilization of GST reforms and a strong Diwali holiday shopping season. Major Indian players such as Dabur, Marico, and Godrej Consumer Products (GCPL) report that the previous disruptions caused by...
Honeywell Wins Bid for Bangalore’s Safe City Project
Charlotte, NC-based Honeywell was awarded a $80 milion contract from the Bangalore City Police Department to implement the Bangalore Safe City project. The project involves building a command center for the city's police force and the installation and operation of thousands of cameras across the city. The project is backed...
India Becoming R&D Hub for Multinationals
Multinational from the Americas, Europe, and APAC have set up research hubs to work in the areas of R&D, Business Process Management and IT. More than 1,000 multinational companies have established engineering and research and development centers — known as global in-house centers or GICs — in India. Among these...
Honeywell Identifies Three Growth Drivers for India
With a presence in India for more than 80 years, Morris Plains, New Jersey-headquartered Honeywell says that India is an integral part of its global growth strategy. Vikas Chadha, president, Honeywell India said, "Each of our businesses—aerospace, home and building technologies, safety and productivity solutions, performance materials and technologies—have well-established...
Honeywell to Open a New Campus in India
With a presence in India since 1930, New Jersey-based Honeywell has plans to open a $200-million facility in Bangalore later this year, to bring together its 8,000 employees in the city. The firm's 15,000 employees in India contribute over $1 billion to the company’s global revenues of $40 billion. When...
India Tests Honeywell System to Improve Electric Grid Reliability
Honeywell and Tata Power - Delhi Distribution announced that they have successfully implemented the first ever automated demand response (ADR) project for commercial and industrial facilities in India, reported CNN Money. ADR gives the grid operator a new, domestic resource to help reduce stress on transmission and distribution lines, and...