Honeywell

Honeywell – Doing well in Tamil Nadu

Abundance of engineering talent in Tamil Nadu was the primary reason to choose Tamil Nadu for our operations.

SURESH VENKATARAYALU, PRESIDENT, HONEYWELL TECHNOLOGY SOLUTIONS

Honeywell is an American multinational conglomerate company that produces a variety of commercial and consumer products, engineering services, and aerospace systems for a wide variety of customers, from private consumers to major corporations and governments.

Honeywell is a Fortune 100 company; in 2012 it was listed as 77th in the Fortune 500 America’s ranking. Honeywell has a global workforce of approximately 130,000, of whom approximately 58,000 are employed in the United States. The company is headquartered in Morristown, New Jersey.

Honeywell India is the 100% subsidiary of Honeywell, USA with annual revenue of US$ 1.3 Billion. Honeywell has at present, 5 manufacturing facilities in 5 different locations in India focusing on aerospace outsourcing, performance technologies, transportation, etc. employing over 12,500 persons.

Honeywell has a very valuable presence in aerospace sector in Tamil Nadu. In 2013, Honeywell Technology Solutions Lab Pvt. Ltd, part of Honeywell India had proposed to establish a project for aerospace related Software Development Facility in Madurai, Tamil Nadu. Honeywell India had proposed to establish this project for Software Development Facility for aerospace applications in ELCOT Madurai – Ilandhaikulam IT/ITES SEZ at Madurai.

ELCOT allotted 4.50 acres in its IT SEZ at Ilandhaikulam, Madurai. In this, Honeywell constructed a facility with a built-up area of 3984.95 Sq. Metres. Initial investment was Rs.27.2 crores that provided direct employment to 540 persons.

Government of Tamil Nadu provided a strong support including fast-track approvals within 2 weeks through Single window facilitation. Honeywell chose Madurai in Tamil Nadu due to strong presence of large number of educational institutions including engineering colleges, abundant availability of skilled manpower and harmonious industrial relations, fast track approval under Single window facilitation by Guidance Bureau and above all, strong support from the State Government.

Encouraged by the success of this project, Honeywell has now proposed an expansion facility in Madurai.

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09
10
Sept 2015

Global Investors
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-2015

Venue:
Chennai Trade Centre, Chennai, Tamil Nadu, India
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10 Reasons to Choose Tamil Nadu

  • An economic powerhouse on a high growth trajectory
  • A global industrial and manufacturing hub
  • Robust physical infrastructure
  • Renewable energy capital of India
  • Innovation and Knowledge hub of India
  • Robust urban and social infrastructure with world class civic amenities
  • Strong tourism footprint
  • Path breaking policy initiatives and investor facilitation framework
  • New paradigm for industrial growth
  • Vision 2023 for inclusive growth and Development