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Honeywell to hire more in India
Thursday, 15 April 2010, 15:51 IST |
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Mumbai: Honeywell International plans to increase its headcount in India to meet growing demand for aeroplanes and green fuel, which are the two key areas for the company. The automation and technology major, which has designed the cockpit for all U.S. space shuttles, had recently elevated Krishna Mikkilineni, President of Honeywell Technology, to its Global Executive Management Team, a move that signalled the American company's confidence on India, reports economic times.
"We'll continue hiring in India, although I can't put a number to it," Honeywell Global Chairman Dave Cote told ET on a recent visit to India. "I see a lot of potential in India, in its engineering capabilities and in the overall market here. Our plan is to make our presence here bigger and better."
Over the past eight years, Honeywell India has grown from being a $50- million company with about 50 people, to more than $500 million in revenue and 11,000 employees. The company's area of operations include aerospace, automation, transportation and speciality materials, including the recently-developed green fuel that doesn't require cars to change their engines.