India’s Top Business Publication Recognizes Honeywell as Best Multinational Corporation for 2018

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India’s Top Business Publication Recognizes Honeywell as Best Multinational Corporation for 2018

Honeywell’s India team has plenty of reason to celebrate. That’s because the top Indian business publication – The Business Standard – recognized us as the best multinational organization (MNC) domestically.

​Honeywell Automation was awarded the Star MNC for its transformation into an industrial software leader and its growth journey in the region. The company is one of the technology leaders in India with high-growth potential, a strong presence in automation and rising investments in chemicals, pharma, petrochemicals and energy-saving industries.



Ashish Gaikwad, Honeywell India Automation managing director, accepted the award on behalf of Honeywell.


"I am humbled to receive this award on behalf of my 15,000 colleagues,” said Gaikwad during his acceptance speech. “We see India as a big place for opportunity … and we are trying to make the world a better, safer, smarter and a more sustainable place for everybody. We believe that the best is yet to come."


The event honored excellence in the corporate, banking and social sectors and highlighted outstanding companies and individuals who took their organizations to new heights. India Finance Minister Arun Jaitley presented the Business Standard Annual Awards in front of top India executives and senior government officials at the ITC Maurya hotel in New Delhi.


Besides reviewing the financial data of the listed companies, the five-member jury shortlisted applicants based on scale, sustainability, leadership, innovation, impacting companies, industries, and the business environment at large. The winners in the 12 categories contributed toward forming an equitable and inclusive society while being successful in their respective fields.


Star MNC

Honeywell Automation India

Ashish Gaikwad, managing director

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