Honeywell opens R&D centre in AP
Last updated: 23 January, 2011
Hyderabad, Jan 23, DHNS and IANS: 20:32 IST
Also expands its flight operation centre
Andhra Pradesh Chief Minister N Kiran Kumar Reddy, on Sunday, inaugurated the Honeywell newly expanded facility — Flight Operation Centre and laid the foundation stone for the second phase of the R& D facility at APIIC IT Layout, in Nanakramguda.
The 1st phase of the facility comprises 1.25 lakh sq ft office space constructed at a cost of Rs 100 crore, at present employing 600 employees and after fully commissioning will employ more than 1000 by the end of this year. The 2nd phase of the Honeywell campus, for which foundation stone is laid, is proposed to be constructed in a phased manner as an expansion to its operations.
The Flight Operations Centre will monitor the flight passage directions and operations using latest information technology applications. Honeywell as part of its HR initiative, also started a skill development training-cum-campus recruitment oriented programme — Vajram, in association with Jawaharlal Nehru Technological University at Kakinada, to enable students from multiple disciplines at both graduation and post-graduation levels to learn the latest process technologies from Honeywell and build contemporary skills and competencies to make them industry-ready.
Meanwhile, Honeywell said it had recorded sales of $550 million in India last year and expects a growth of 15 per cent this year. Sales grew by 15 per cent in 2010 and are expected to grow on the same trajectory during the current year, said Honeywell Technology Solutions President Krishna Mikkilineni. Talking to reporters after the inauguration of research and development (R&D) centre of HTS, he said India, China and Middle East remained the high growth markets for the company in aerospace, automation and control solutions, transportation systems and specialty materials.
Honeywell International, which posted global sales of over $33 billion in 2010, employs more than 11,000 people in India, accounting for eight per cent of its global headcount. The R&D team of Honeywell in India accounts for 25 to 27 per cent of its R&D personnel in the world.
Krishna said Honeywell had relocated some of its operations from its FOC in Washington. The FOC in Hyderabad can monitor 14,000 commercial and business flights across the world.
The first phase of the R&D centre at Nanakramguda will employ 1,000 people after fully commissioned by the end of this year.