HAIL bets big on energy sector

Honeywell Automation India Ltd (HAIL), the Indian arm of US technology conglomerate Honeywell, expects more orders from the country's booming energy sector and is looking at potential acquisitions.

The company, provider of integrated automation and software solutions, had won a $16 million order from RIL for its Jamnagar refinery automation project, and is also bidding for a major project at Reliance's operations at Krishna Godavari (KG) basin.