NEW DELHI, India, July 9, 2026: Honeywell Technologies (NASDAQ: HON) today announced a key milestone under Saksham, its flagship education and skilling initiative in India, with the inauguration of its first future-ready STEM education and school transformation program.  The initiative was launched by the Hon’ble Chief Minister of Delhi, Smt. Rekha Gupta at Shalimar Bagh Village Government Girls Senior Secondary School.
As part of the program, Honeywell Technologies aims to transform 12 government and government-aided girls’ schools across the country, reaching more than 12,000 students by 2029 through interventions focused on STEM education, digital literacy, student well-being and teacher development. While the most students and teachers will be impacted in Delhi, the initiative is also being implemented across Pune, Bengaluru and Gurugram.

Implemented in partnership with Ladli Foundation Trust, the intervention combines modern learning infrastructure, teacher capacity building and global exposure opportunities to help create more inclusive and future-ready learning environments for adolescent girls.

Speaking at the inauguration, Smt. Rekha Gupta, Hon’ble Chief Minister of Delhi, said, “It is heartening to see Shalimar Bagh Village Government Girls Senior Secondary School transformed into one of Delhi’s finest government schools. With smart classrooms, a computer lab, a STEM lab and an AI-enabled toilet block for our daughters through Honeywell Technologies’ Saksham initiative, this school is now setting a benchmark for future-ready learning. I sincerely thank Honeywell Technologies for its contribution to our daughters and our schools. A state can truly progress only when the government and society work together, and this collaboration is a strong example of what we can achieve together.”

“Building India’s future workforce starts with expanding access to quality education and providing basic infrastructure,” said Ashish Modi, President, India and Asia Pacific, Honeywell Technologies. “Through Saksham, we are bringing STEM labs, digital access and experiential learning to our young students. The intervention at Shalimar Bagh school is symbolic of our effort to expand opportunities for the students and strengthen India’s pipeline of future-ready talent.”

The intervention at Shalimar Bagh Village Government Girls Senior Secondary School, a key milestone in Saksham’s broader school transformation effort, includes:

• STEM laboratories that promote hands-on science and technology learning, innovation and critical thinking.
• Digital ICT and computer labs equipped with computers and interactive learning tools to improve digital literacy and technology access.
• Smart classrooms that enhance student engagement and support technology-enabled teaching.
• Safe and hygienic toilets and WASH infrastructure that promote menstrual dignity, hygiene and student well-being.
• Awareness sessions on menstrual hygiene, nutrition, cyber safety, financial literacy, and reproductive health that help students build confidence and life skills.
• Training for 60 teachers on digital tools and interactive teaching methodologies to support long-term learning outcomes.
• A global Space Science learning opportunity, through which five students from participating schools will be selected to attend an immersive workshop at the U.S. Space & Rocket Center in Huntsville, Alabama.

As India continues to build a technology-driven and innovation-led economy, ensuring equitable access to digital learning and STEM education remains a critical challenge. According to NITI Aayog’s recent report – ‘School Education System in India’[1], more than one-third of schools lack access to computers or internet connectivity, while nearly seven in ten schools do not have smart classrooms. Through Saksham – focused on advancing inclusive STEM education and building future-ready skills, Honeywell Technologies is helping bridge these gaps by combining modern learning infrastructure, teacher capacity building and experiential learning opportunities, enabling students to develop the skills and confidence needed to thrive in the future workforce.

Implemented through Honeywell Hometown Solutions India Foundation (HHSIF), Honeywell Technologies’ philanthropic arm in India, Saksham is creating pathways for young people to develop their skills and confidence needed to succeed in a rapidly evolving world. In Delhi, the initiative will deliver interventions across government schools in Mehrauli, Tughlakabad and Shalimar Bagh, directly benefiting nearly 5,000 students, primarily adolescent girls from underserved communities. With plans to expand to an additional government school in Janakpuri during FY2026–27, Saksham continues to advance educational equity through improved infrastructure, teacher empowerment and experiential learning opportunities.

MUMBAI, India, March 9, 2026: Honeywell (NASDAQ:HON) today announced an agreement with the Indian Institute of Technology Bombay (IIT Bombay) to establish a new Centre of Excellence at the Institute’s Powai campus that will help skill more than 100,000 students by 2030 in sustainability-related fields.

The IIT Bombay – Honeywell Centre of Excellence for Future Skills & Innovation (IITB-Honeywell CoE) will be created and fully funded by Honeywell Hometown Solutions India Foundation (HHSIF) – Honeywell’s philanthropic arm in India. The IITB-Honeywell CoE will offer advanced laboratory infrastructure, equipment procurement, curriculum design and research and innovation grants.

In its pilot phase over the next two months, the IITB-Honeywell CoE will focus on establishing core infrastructure, developing a specialized curriculum and training a first phase of 250 students. The IITB-Honeywell CoE will offer certificate-based programs featuring coursework and hands-on projects aligned with real-world sustainability challenges. It will benefit undergraduate, postgraduate, and doctoral students from across the country. Following the pilot phase, subsequent phases are expected to engage nearly 20,000 students per year during the partnership, through the IITB-Honeywell CoE’s structured curriculum.

As India digitally transforms its economy and critical sectors such as energy, it faces a growing shortage of sustainability professionals with cross-disciplinary, technology-driven skills. According to the Economic Survey 2023-24^[i], India aims to create 3.4 million jobs in the green sector by 2030. The renewable energy industry alone faces a deficit of 1.2 million skilled workers, a number that could swell to 1.7 million by 2027, according to TeamLease^[ii]. The IITB-Honeywell CoE will address the growing demand for skilled sustainability professionals by combining classroom learning with applied research across five learning tracks: Sustainability Reporting, Sustainable Finance, Energy Security, Sustainability Infrastructure and Policy Advocacy.

“Skilling our workforce is central to building a future-ready and sustainable India. Our collaboration with IIT Bombay reinforces Honeywell’s commitment to developing high-quality talent across sustainability fields, as India accelerates growth through its AI-powered digital economy,” said Ashish Modi, President, India and Asia Pacific, Honeywell. “Honeywell’s new CoE aligns with this digital transformation and will equip students with the right industrial skills to support long-term economic growth with sustainability at the core.”

The IITB-Honeywell CoE’s course structure, applicable through 2030, requires each student to complete 40 hours of training across the five learning tracks. Classroom programming and applied research will be jointly delivered by the IIT Bombay faculty and industry specialists and supported by Honeywell employees through volunteer mentorship, technical guidance and career-readiness training.

“IIT Bombay has always emphasized translating academic excellence into societal impact,” said Prof. Shireesh B. Kedare, Director, Indian Institute of Technology Bombay. “The establishment of our Centre of Excellence with Honeywell strengthens that mission by giving students experiential learning beyond the classroom, enabling them to engage meaningfully with real-world sustainability challenges that are critical to India’s future.”

The partnership with IIT Bombay is a defining milestone under Honeywell India’s flagship ‘Saksham’ skilling initiative. Under Saksham, STEM students nationwide are trained in AI, cybersecurity and sustainability, while the IIT Bombay collaboration will focus specifically on sustainability-skilling through the IITB-Honeywell CoE.