Honeywell to invest Rs 1,400 cr

 Honeywell, a global giant in products and services across aerospace and defence, automation and control systems, performance materials and transportation systems, has promised to invest Rs 1,400 crore in the current fiscal. 

Suresh Venkatarayalu President, Honeywell Technology Solutions Global & GM Honeywell Technology Solutions India said the investment is for starting a new campus spread  across 5.4 acres.  

Karnataka Minister for IT, BT and Science & Technology and Planning & Statistics R Patil said Honeywell's investment proposal will be placed before the State High Level Committee for clearance shortly.

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