Honeywell India eyes multi-fold jump in air purifier biz

The company claims to be one of the top three players in the air purifier segment in the country

Image
Press Trust of India New Delhi
Last Updated : Sep 26 2017 | 8:30 AM IST
Home technologies firm Honeywell India today said it is looking at a multi-fold jump in its air purifier business over the next two years.

The company, which today launched two new indoor air purifier ranges, has also created a public awareness campaign to educate people about the unknown hazards of indoor air pollution.

"We are looking at a growth of five times of our (air purifier business) base today. In 2016, 125,000 units were purchased in India. Volumes are expected to double this year based on market research by companies like TechSci and 6w research.  Honeywell is among the top air purifier brands already. We are going aggressive this year and will grow faster than the category average," Honeywell India President Vikas Chadha told PTI.

The company claims to be one of the top three players in the air purifier segment in the country.

It makes products, software and technologies in segments such as consumer and home, aerospace, defence, security, buildings and construction, among others.

When asked about awareness in the Indian market about the product, Chadha said: "I don't think many Indians know about the importance of indoor air quality and so our idea is to create awareness and that is what we are planning to do."

Honeywell India will sell its products online through Amazon and Flipkart and would also be tapping the large format retail stores besides the traditional route.

It has a wide portfolio available to address pollution inside home, cars and institutions.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 20 2017 | 7:48 PM IST

Next Story