INDIA, August 11, 2026: Honeywell Technologies (NASDAQ:HON) today announced a major skilling commitment in India, aiming to equip over 3 lakh students with future-ready capabilities in artificial intelligence (AI), cybersecurity, sustainability, and advanced technologies by 2030 under its flagship initiative, Saksham. Over the last 10 years, Honeywell Technologies has already transformed the lives of 13+ lakh beneficiaries, making education more inclusive and future focused.
To deliver the large-scale skilling programs, school transformation initiatives, and innovation-led interventions that will impact 3 lakh students across India, Honeywell Technologies is partnering with the Indian Institute of Technology (IIT) Bombay, BharatCares, the Ladli Foundation and the Foundation of Science, Innovation and Development, an arm of the Indian Institute of Science, Bangalore (FSID-IISc).
As industries accelerate adoption of digital and sustainable technologies, building a future-ready workforce has become critical to sustaining economic growth and competitive advantage. However, India is witnessing a growing gap between industry demand and talent readiness. According to the India Skills Report 2026, (published by ETS in collaboration with CII, AICTE, and AIU)[2], employability has risen to 56.35%, yet demand for skills in AI, data, cloud and cybersecurity continues to outpace talent supply.
“India’s growth and competitiveness depend on how effectively we bridge education and employability at scale,” said Ashish Modi, President, Honeywell Technologies India & APAC. “Through Saksham, Honeywell Technologies is bringing together academia, government, non-profits and industry to create stronger linkages between education, skills and employment. From smart classrooms and sustainability learning to Centres of Excellence and startup incubation, these initiatives are designed to deliver measurable, long-term impact and widen access to opportunity for students across India. Saksham reflects our commitment to advancing the vision of Viksit Bharat by building a future-ready talent and innovation pipeline for the country.”
To bridge the gap between talent demand and readiness in India, key skilling programs under Saksham include:
1. IIT Bombay–Honeywell Technologies Centre of Excellence for Future Skills & Innovation
The centre will reach over 1 lakh undergraduate students across the country through its network of colleges on expert-led courses across five tracks – Sustainability Reporting, Sustainable Finance, Energy Security, Sustainability Infrastructure, and Policy Advocacy. It will also support applied research projects, research fellows, and startup incubation, strengthening industry-academia collaboration.
2. Honeywell Technologies Future Skills Edge
Aims to train 2 lakh students in AI and cybersecurity through hybrid, project-based learning, supported by four Centres of Excellence in government institutions in Maharashtra, Haryana, Karnataka and Telangana. Implemented with BharatCares, the program targets 50% women participation and aligns with national initiatives such as Skill India, NEP 2020, and Digital India.
3. Honeywell Technologies Saksham School Transformation Program
In partnership with Ladli Foundation, Honeywell Technologies will transform 12 government and government-aided girls’ schools across Maharashtra, Delhi, Haryana, and Karnataka, benefiting more health and hygiene awareness, and leadership development, alongside teacher training and community engagement
4. Startup Incubation and Innovation Support
Honeywell Technologies has been working with FSID-IISC since 2018 and by the end of 2030 will support nearly 75 early-stage deep-science startups and Entrepreneurs-in-Residence (EIRs) across areas such as AI, renewable energy, sustainability, cybersecurity, and digitization. Startups will receive seed funding, mentorship, and access to advanced R&D infrastructure, with a focus on founders from underrepresented communities.
5. Prime Minister’s Internship Scheme
Honeywell Technologies engages over 50 underprivileged interns every year through the Prime Minister Internship Scheme. The initiative aims to provide graduating students with hands-on industry exposure, mentorship, and practical workplace experience. Bridging the gap between academic learning and industry needs, the program enables upskilling, career readiness, and employability enhancement.
The flagship Saksham initiative is implemented through Hometown Solutions India Foundation (HHSIF) – Honeywell Technologies’ philanthropic arm in India. It is designed to expand access to quality STEM education, drive inclusive and sustainable growth, and build a pipeline of future-ready talent aligned with evolving industry needs, while supporting India’s ambition to become a global technology and innovation hub.
About Honeywell Hometown Solutions India Foundation
Honeywell Hometown Solutions India Foundation (HHSIF) is the non-profit arm of Honeywell Technologies, dedicated to advancing corporate social responsibility initiatives across India. Its focus areas include education, humanitarian relief, and sustainable community development. In education, HHSIF leads STEM-focused skilling programs, supports research at leading institutes, and helps scale deep-science start-ups. In sustainable community development, it works to build resilient communities by strengthening healthcare infrastructure and enabling rural livelihoods, WASH initiatives, and natural resource conservation through technology-led solutions. Honeywell Technologies has also committed to planting one million trees under its Plant the Future program this decade. Since inception, HHSIF has impacted more than 6.6 million lives across 21 states.
About Honeywell Technologies
Honeywell Technologies is a global, pure-play automation company with a legacy of innovating to help solve the world’s most mission-critical challenges, enhancing the quality of life for people and communities around the world. We serve the building, industrial, and process sectors with a broad portfolio of services, solutions, and products, underpinned by our Honeywell Technologies Accelerator operating system and Honeywell Technologies Forge intelligence layer. By combining the deep domain expertise of our more than 50,000 employees with decades of data from our global installed base, we are uniquely positioned to lead the industrial sector’s transition from automation to autonomy. For more news and information on Honeywell Technologies, please visit Honeywell Technologies Newsroom.
[1] https://wheebox.com/assets/pdf/ISR Report 2026 pdf
[2] ETS - Educational Testing Service, CII - Confederation of Indian Industry, AICTE - All India Council for Technical Education and AIU - Association of Indian Universities.
