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.
(Published 12 August 2014, 17:49 IST)
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