Honeywell Automation ready to benefit from Capex cycle upturn



Honeywell Automation India is one of the major players in the domestic building automation market and having leadership position in providing integrated automation and software solutions. The company has a wide product portfolio in environmental and combustion control, sensing and control and also provides engineering services in the field of automation and control to global clients. In conversation with ET Now, Ashish Gaikwad, Country President, Honeywell India & MD, Honeywell Automation India said that past 1.5 years has been tough for them but they tried to manage the cost. Both the Public and Private capex has picked up well and sector is poised for good growth. They have constantly been trying to explore new areas of opportunity like Hydrogen fuel cell, Solar and Wind power, Battery storage and others. In recent times the management shares the experience, that a lot of companies are now focusing on Digital transformation and also on cyber security to protect the data and the investment in these have witnessed a pick-up. On Infra side they see Airports and Seaports as segment which are still in offing. Honeywell Automation feels that technology will play a bigger role in the future.


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