Honeywell India said today that it will set up a technology centre at Gurgaon in Haryana with an investment of $34 million (Rs 157 crore) to expand its global research capabilities. Honeywell already has a facility at the site, which will be expanded.
''The company will establish a 400,000 sq ft centre in Gurgaon, from where it already operates. The centre will primarily have pilot plans for developing and demonstrating refining and petrochemical process technology,'' Honeywell International president (India) Anil Gupta said.
The company operates in the aerospace, automation and control solutions and transportation system areas.
The new centre will primarily house pilot plants for developing and demonstrating refining and petrochemical process technology developed by UOP, a Honeywell subsidiary that is part of Honeywell's specialty materials business group, the company said in a press release from New Delhi.
The centre will also include labs for process and applications development for other Specialty Materials technology areas, including fluorine products and nylon materials. It is expected to employ 100 people within five years.
"This center will allow us to conduct development closer to our end customers, while at the same time tapping the recognized engineering talent of India," said Andreas Kramvis, president and chief executive of Honeywell Specialty Materials. "It will strengthen our product and process commercialization capabilities globally, but especially in Asia, where it will complement our existing research centre in Shanghai, China."
The centre will be managed by UOP India Private Ltd, a wholly-owned subsidiary of UOP that has an existing 250-person process technology engineering center in Gurgaon. UOP is a recognised global leader in developing and licensing process technology used in refining and the production of petrochemicals and renewable fuels.