Honeywell to set up $15-m R&D lab in Hyderabad
Honeywell Technology Solutions Lab (HTSL), the R&D arm of the US-based Honeywell Technologies, will invest $15 million to set up a chemical catalyst R&D facility in Hyderabad. This will be the second facility for the company here. The company has requested the Andhra Pradesh government to allot 10 acres for the project. The facility will undertake in-house research and development activity for different arms of Honeywell.