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 operations in India.”
Discussing Honeywell India’s key priorities and growth drivers for 2018, Chadha mentioned that there were three such areas. Excerpts from Chadha’s views:
-> Driving mass mid-segment growth: “This is a very big and important initiative that we have taken up in India so we want to create a lot of the products which are there for the mass mid-segments, which the mass middle class can afford and these are the products that can eventually go to many other geographies around the world.”
-> Becoming a software-industrial company: “We want to become the ‘connected software-company’ for the industrial vertical. In fact we now call it ‘The Power of Connected’, this is our new brand positioning. We want to sell a connected solution to our customers in whatever we do. Connected buildings, connected homes and connected workers —these are all what it means to Honeywell as a software-industrial company.”
-> Investing in mega trends: “Honeywell is already playing a defining role in the growth of India’s 100 Smart Cities. We are strategic partners with state governments and local authorities to implement our Internet of Things-enabled citywide security and surveillance systems, including installation of 10,000 closed-circuit televisions, emergency response solutions, automatic number plate reading system, and intelligent traffic management technologies at work in 65 cities and towns.
Last updated: December 26th, 2025
