Honeywell Technology Solutions, the R&D arm of global technology major Honeywell, is setting up a new centre in Bangalore. The company has received approval from the Karnataka government for setting up the facility which entails an investment of Rs 402 crore, according to highly placed sources in the state government.
The new centre will come up in the Karnataka Industrial Areas Development Board’s ITôITeS industrial area near the Bangalore International Airport at Devanahalli. Honeywell is understood to have informed the government that the new facility would focus on product development, engineering and service in the areas of automation and control solutions (ACS), R&D labs, prototyping and related activities.
When contacted, the company in an email statement, said: “We have applied to the state government for the said project. We have not received a formal communication from the authorities on the same.”
Sources in the government said that Honeywell, in its proposal, had proposed to make an investment of Rs 402.50 crore which would likely to create employment opportunity for about 2,500 people. However, the company declined to comment on this. The government approval is valid for a period of two years. Honeywell Technology Solutions (HTS) has its technology and engineering centres located in Bangalore, Hyderabad and Madurai. The company employs about 5,500 people in India. In Bangalore, HTS operates three centres.
According to the recommendations made by the state High Level Clearance Committee and government, Honeywell will be provided with necessary infrastructure to set up the unit. As per the approval, a 30-acre parcel of land will be allotted to the company in the ITTeS industrial area at Devanahalli based on the assessment of land by the land audit committee.
Apart from this, the company will also get incentives as per the Karnataka IT Policy. The state government, in its order, has advised the company to train local people and provide employment to the trained local youth.
As per the vendor development programme of the government, Honeywell has to prepare a vendor development plan and procure the required inputs, components and sub-assemblies from local vendor units. In its order, the government has advised the company to take up social infrastructure development projects in the vicinity of the proposed location of the unit.
The company declined to state when the project work will be started or commissioned.
