Financial Daily from THE HINDU group of publications
Tuesday, Nov 02, 2004
Financial Daily from THE HINDU group of publications Tuesday, Nov 02, 2004 |
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Info-Tech
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Human Resources Honeywell to hire 1,200 more for lab Our Bureau
Bangalore , Nov. 1 US aerospace major Honeywell is expanding in India and plans to hire over 1,200 people in the next year. The company's regional technology lab in Bangalore employs 3,000 software professionals and this number would go up by 1,000, while the company's software development centre at Madurai, which has about 300 people would increase by 200 people in a year, Mr Krishna Mikkilineni, Managing Director, told reporters here on the sidelines of the Bangalore IT.com 2004. The expansion would come with an investment of about $15 million; so far the company has invested about $25 million in its Indian operations. The decade-old technology lab in Bangalore will continue to grow because of the talent pool in the city notwithstanding infrastructure issues in the City, Mr Mikkilineni had earlier said. The lab focuses mostly on software product development, R&D and digital work and consultation in aerospace and controls. "The India centre has moved up the value chain and is key to all of Honeywell's businesses," Mr Mikkilineni said.
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