Honeywell International optimistic about India

Honeywell India, a maker of aerospace, automation and transportation equipment, has outpaced the country’s economic growth in the past eight years despite a tough business environment. The local unit of the US-based firm now plans to improve its performance by taking advantage of the new government’s focus on the defence and gas sectors.

Mint met with Tom Szlosek, senior vice-president and chief financial officer, Honeywell International Inc. Here he discusses the optimism international businesses have towards India, plans for acquisitions and business sentiments towards the new government.