In order to inspire the next generation of innovators, The Honeywell India Technology Center (HITC) has launched a School Outreach Initiative, under the aegis of Honeywell Hometown Solutions (HHS). This comes in a backdrop where India has lagged behind in STEM (Science, Technology, Engineering and Mathematics) education, investing just 0.88% of its GDP in science research compared to 7-8% in the U.S. and 3-4 per cent in South Korea. Of that, nearly a quarter is spent on basic research that has little to do with innovation. As a result, India is one of the countries with the most acute talent crisis globally. A 2014 survey by ManpowerGroup placed us at number three after Japan and Peru. By 2020, our shortfall of engineers is expected to range between 1.5 and 2.2 million, putting our economy at grave risk.
Honeywell, as one of the world’s leading technology companies, supports the STEM initiative through Honeywell’s corporate citizenship initiative HHS. HITC is a state-of-the-art facility dedicated to developing and accelerating new technologies for the refining and petrochemicals, pharmaceuticals, and refrigeration industries. HITC’s workforce, comprising top technologists and engineers from Honeywell, conducted experiential learning programs for class IX students across multiple government schools to offer an early exposure to fundamentals of science and technology. With an initial funding of $10,000, the campaign aims to generate interest around science and have the students consider it as a career choice.