Honeywell may soon introduce sector-specific products under Impact brand
ECONOMY & POLICY

Honeywell may soon introduce sector-specific products under Impact brand

Honeywell, an engineering and technology company, expressed its intention to introduce sector-specific products under the Impact brand, aimed at the Ministry of Micro, Small, and Medium Enterprises (MSME) segment. Ashish Modi, President of Honeywell India, revealed this plan, emphasising the company's goal of providing tailored solutions for the diverse market.

The Impact brand, designed for the growing mid-segment in India, currently offers various applications across building technologies, fire safety, electrical safety, energy management solutions, industrial sensors, and personal protective equipment (PPE).

Modi explained that the company perceives an MSME segment within each sector or vertical. Therefore, their focus areas include Retail, Quick Service Restaurant or Hospitality, small industrial MSMEs, and the broader building space. He elaborated that they would continually address the needs of these sectors and develop products to resolve their challenges.

Currently, Honeywell is actively launching several new products. This includes recent launches such as android-based point-of-sale machines, new camera products, and certain software solutions.

Over the past four years, the Impact brand has experienced consistent revenue growth of 30 percent. Modi anticipates that this growth trajectory will persist in the future.

Impact by Honeywell has established its presence in 50 cities, with Delhi NCR, Mumbai, Pune, Bangalore, and Chennai emerging as the top revenue-generating markets. The company aims to expand to an additional 80 locations, including tier-2 markets like Ahmedabad, Kochi, Chandigarh, Lucknow, Coimbatore, Indore, Jaipur, Kolkata, and Guwahati, over the next two years.

The brand operates through a network of 80 distributors and employs over 100 individuals, with 35-40 percent of the workforce comprising engineers dedicated to innovation, research, development, and the delivery of high-quality solutions. Honeywell emphasizes its localisation strategy, ensuring that its solutions are not only imported but also tailored specifically for the Indian market.

Honeywell, an engineering and technology company, expressed its intention to introduce sector-specific products under the Impact brand, aimed at the Ministry of Micro, Small, and Medium Enterprises (MSME) segment. Ashish Modi, President of Honeywell India, revealed this plan, emphasising the company's goal of providing tailored solutions for the diverse market. The Impact brand, designed for the growing mid-segment in India, currently offers various applications across building technologies, fire safety, electrical safety, energy management solutions, industrial sensors, and personal protective equipment (PPE). Modi explained that the company perceives an MSME segment within each sector or vertical. Therefore, their focus areas include Retail, Quick Service Restaurant or Hospitality, small industrial MSMEs, and the broader building space. He elaborated that they would continually address the needs of these sectors and develop products to resolve their challenges. Currently, Honeywell is actively launching several new products. This includes recent launches such as android-based point-of-sale machines, new camera products, and certain software solutions. Over the past four years, the Impact brand has experienced consistent revenue growth of 30 percent. Modi anticipates that this growth trajectory will persist in the future. Impact by Honeywell has established its presence in 50 cities, with Delhi NCR, Mumbai, Pune, Bangalore, and Chennai emerging as the top revenue-generating markets. The company aims to expand to an additional 80 locations, including tier-2 markets like Ahmedabad, Kochi, Chandigarh, Lucknow, Coimbatore, Indore, Jaipur, Kolkata, and Guwahati, over the next two years. The brand operates through a network of 80 distributors and employs over 100 individuals, with 35-40 percent of the workforce comprising engineers dedicated to innovation, research, development, and the delivery of high-quality solutions. Honeywell emphasizes its localisation strategy, ensuring that its solutions are not only imported but also tailored specifically for the Indian market.

Next Story
Technology

We’re building robots that flow, not just move

Founded in 2021, Flo Mobility is reimagining construction automation with vision-AI robots designed for seamless movement through complex sites. In conversation with CW, Manesh Jain, Founder & CEO, discusses the company’s origin, its LiDAR-free tech stack, and expansion plans in the Middle East and US.What inspired the name Flo Mobility? Why ‘Flo’ and not ‘Flow’?When we started the company in 2021, our focus was on building autonomous navigation systems for robots. Since our work centred around robot movement, ‘mobility’ naturally became part of the name. We wanted to co..

Next Story
Real Estate

We’re committed to setting benchmarks in sustainable luxury living

From a landmark land acquisition in Boisar to ambitious launches across the Mumbai Metropolitan Region (MMR), National Capital Region (NCR), Bengaluru and Pune, Birla Estates is driving future-ready growth with a strong focus on sustainability, partnerships and premium living, firmly anchored in its LifeDesigned® philosophy. K T Jithendran, Managing Director & CEO, outlines the company’s premium, sustainable growth playbook in conversation with PRATAP PADODE, Editor-in-Chief, CW. Excerpts:Birla Estates recently acquired a 70.92-acre land parcel in Boisar, Maharashtra, for..

Next Story
Infrastructure Urban

Mumbai’s land crunch and ageing homes call for structured renewal

Founded in 2022, Etonhurst Capital Partners is a real-estate fund management platform focused on the Indian market. As the firm achieves the first close of Rs 1.8 billion for its debut Rs 5 billion fund, Bamasish Paul, Co-founder, Managing Partner & CEO, discusses its sharp focus on redevelopment-driven value creation in Mumbai’s urban core with CW. Excerpts:Etonhurst Capital has achieved a significant milestone with the first close of Rs 1.8 billion for its Rs 5 billion fund. What factors contributed to this early success and how do you plan to attract further investments to r..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?