Honeywell on Recruitment Spree in India

Honeywell Automation India is expecting to recruit about 1,000 employees in India this year, as it was anticipating the economy would rebound, says Honeywell Automation India Managing Director Vimal Kapur.

Last year, the company has recruited about 700 employees for the group. It currently employs 11,000 people and has been hiring 1,000 new employees annually in line with the growth in the past few years. It has five manufacturing facilities in the country.

Honeywell recently unveiled a new research, development and engineering facility in Bangalore, India, representing a $50 million investment and becoming the second dedicated Honeywell R&D facility in the area. At 690,000 square feet, the new center will accommodate approximately 3,000 people.

Kapur said recruitment will be made in all the verticals of the company—R&D, avionics (aircraft cockpit systems), automotive components and the chemicals division.

According to market observers, the cost advantage and skill available locally is likely to ensure that the Indian unit remains the preferred outsourcing destination for Honeywell U.S. However, the competition from international players as well as larger peers such as ABB and Siemens could thin margins, especially if the company expands in the power industry.

Honeywell Automation India.