Diversified U.S. engineering company Honeywell International today unveiled its research, development and engineering facility in Bangalore, with an investment of $50 million.

The new 6.90 lakh sq. ft. facility is the second R&D facility of the company in Bangalore. The centre will accommodate approximate 3,000 people.

Honeywell, which operates in four business segments—aerospace, automation and control solutions, transportation systems and speciality materials, is presently looking for collaboration with Hindustan Aeronautics Ltd (HAL) to produce TPE331 aircraft engines in India, as well as pursuing a programme to re-engine the Indian Air Force’s strike aircraft with its F125IN turbofan engines.

At present, Honeywell has 10,000 employees in India, compared to 1,000 in 2002. The company has five manufacturing facilities in the country.

Honeywell International expects sales of about $600 million in 2009 from Indian unit, which is slightly higher than what the company registered in 2008.