Honeywell Automation India Limited appoints Atul Pai as MD

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Honeywell Automation India Limited appoints Atul Pai as MD

Honeywell Automation India Limited appoints Atul Pai as MD

Industry News
May 15,24

The company offers a broad range of products in environmental and combustion controls, sensing and control, and provides engineering services in automation and control to clients worldwide.

Honeywell Automation India Limited appoints Atul Pai as MD

Honeywell Automation India Limited (HAIL) (NSE: HONAUT) has announced the appointment of Atul Pai as its Managing Director, effective May 16, 2024. He takes over from Ashish Gaikwad, who is transitioning to the role of India Leader for Industrial Automation within Honeywell International Inc’s strategic business groups.

Ganesh Natarajan, Chairman & Independent Director, HAIL, remarked, “With over two decades of experience at Honeywell in various regional and global capacities, Atul will offer valuable strategic guidance to HAIL, driving growth, customer value, and strengthening our local brand.” Natarajan highlighted Pai’s extensive background in business and building automation as particularly beneficial for HAIL.

Ashish Modi, Non-executive Director, HAIL & President, Honeywell India, expressed confidence in Pai’s ability to lead, citing his tenure at Honeywell and understanding of the business. Modi thanked Gaikwad for his past leadership contributions.

Pai, who joined HAIL in 2001, has served in various leadership positions within the company. He notably held the position of Global CFO for Honeywell Building Solution and served as Operations Controller for Honeywell. He has been a Member of the HAIL Board of Directors since 2021. Pai, a Chartered Accountant with a Bachelor of Commerce from Mumbai University, expressed enthusiasm for his new role, emphasising HAIL's pioneering role in India’s industrial and building automation journey.

“At HAIL, we are equipped with Honeywell's cutting-edge technology in automation, digitalisation, and sustainability, along with a team of skilled professionals and a strong execution framework,” Pai stated, underscoring HAIL’s readiness to maintain its leadership position in the industry.

HAIL, listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), is a leading provider of integrated automation and software solutions, including process solutions and building solutions. The company offers a broad range of products in environmental and combustion controls, sensing and control, and provides engineering services in automation and control to clients worldwide.