Davos 2025: India Remains Key Growth Market For Honeywell India, Says Anant Maheshwari

Honeywell has a significant engineering presence in India, with facilities in Madurai, Bengaluru, Hyderabad and Gurugram. "We are doing a lot of local innovation, especially in the energy transition space."

He also highlighted the emerging opportunities in biofuels for India. "What India achieves in this area will create an economic and investment model that will be relevant to many other countries."

India also plays a central role in automation, with many engineering talents driving automation innovations coming from the country, he said.

In this sector, Honeywell has made substantial contributions, supplying a wide range of products globally, with auto parts being sourced from India to serve international markets.

On the policy front, Maheshwari praised the Indian government's clear policy framework and the entrepreneurial spirit emerging from states. "There is a strong desire to drive innovation, investment and develop the right business models," he said.

Reaffirming Honeywell's commitment to India, Maheshwari said they would continue to invest in India. "India is a sustainable investment for us. We have a significant presence here and the country appreciates our contribution. Our relationship with India is built on trust and ongoing dialogue," he added.