Honeywell Automation India Limited — Others, 24-01-2025: Rumour Verification - Regulation 30(11)

Honeywell Automation India Limited has clarified statements made by its Global CEO, Mr. Vimal Kapur, and President & CEO, Mr. Anant Maheshwari, during interviews at the World Economic Forum in Davos. They highlighted Honeywell's focus on driving $1 billion in domestic revenue by 2025, emphasizing India as a crucial growth market for the company's operations. This strategic commitment may bolster investor sentiment, underscoring potential growth opportunities in the Indian market amidst increasing global competitiveness. Overall, the outlook remains positive as Honeywell aligns its objectives with market demands.