Honeywell CEO unveils growth plan focused on aviation, automation, energy transition

  • Industry News
  • Jan 18,24
In a noteworthy announcement, Honeywell's Global CEO, Vimal Kapur expressed confidence in the growth potential of Honeywell's business in India, foreseeing a doubling of its size over the next five years.
Honeywell CEO unveils growth plan focused on aviation, automation, energy transition

Honeywell's Global CEO, Vimal Kapur, outlined a robust growth plan centered on three major mega trends: aviation, automation, and energy transition. Speaking with CNBC-TV18 managing editor at the World Economic Forum in Davos, Kapur emphasised Honeywell's evolution and prosperity in these pivotal sectors as the foundation for the company's next phase of growth.

Kapur elucidated on the growth strategy, stating, "Our primary focus is to streamline Honeywell for the upcoming phase of expansion. We are strategically positioned to embrace three significant mega trends and align Honeywell accordingly. This involves the future of aviation, starting with the aerospace sector, automation, which constitutes our core, and the ongoing energy transition. I am actively working towards shaping Honeywell around these three overarching themes."

In a noteworthy announcement, Kapur expressed confidence in the growth potential of Honeywell's business in India, foreseeing a doubling of its size over the next five years.

Source: CNBCTV18

Related Stories

Automation & Robotics
Honeywell to build first Volts gigafactory in UAE for battery cell delivery

Honeywell to build first Volts gigafactory in UAE for battery cell delivery

Volts, is a leading producer of energy storage in Abu Dhabi, heading the project to provide affordable and clean energy for the Emirates, supporting the UAE’s Energy Strategy 2050.

Read more
Automation & Robotics
Honeywell Automation India Limited appoints Atul Pai as MD

Honeywell Automation India Limited appoints Atul Pai as MD

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.

Read more
Other Industrial Products
Honeywell announces sustainable solutions for methane reduction

Honeywell announces sustainable solutions for methane reduction

In 2021, approximately 60 percent of Honeywell’s new product introduction research and development investment was directed toward products that improve environmental and social outcomes for custom..

Read more

Related Products

Heavy Industrial Ovens

INDUSTRIAL SUPPLIES

Hansa Enterprises offers a wide range of heavy industrial ovens.


Read more

Request a Quote

High Quality Industrial Ovens

INDUSTRIAL SUPPLIES

Hansa Enterprises offers a wide range of high quality industrial ovens. Read more

Request a Quote

Hydro Extractor

INDUSTRIAL SUPPLIES

Guruson International offers a wide range of cone hydro extractor. Read more

Request a Quote

Hi There!

Now get regular updates from IPF Magazine on WhatsApp!

Click on link below, message us with a simple hi, and SAVE our number

You will have subscribed to our Industrial News on Whatsapp! Enjoy

+91 84228 74016

Reach out to us

Call us at +91 8108603000 or

Schedule a Call Back