Honeywell anticipates a 30% revenue boost in the coming years from its Impact brand, designed to offer sustainable and digital solutions for Indian Micro, Small, and Medium Enterprises (MSMEs). Launched in 2019, Impact focuses on optimizing MSMEs’ operations and cutting costs through innovative products. The initiative aligns with ‘Make in India,’ targeting sectors like retail, logistics, and buildings. With an R&D center in Pune, Honeywell’s Impact brand invests around 15-20% of revenue in research, emphasizing its commitment to addressing the unique challenges faced by growing MSMEs in India.
Honeywell’s Impact Aims for 30% Growth, Focusing on Sustainable Solutions for Indian MSMEs”
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