Honeywell Electrical Devices and Systems India Limited, or HEDSI, has been around since 1984 and is based in Chennai, Tamil Nadu. The company makes and sells a wide range of electrical products like switches, cable management systems, lighting controls, and circuit protection devices. Strong Growth in 2022–23 In the financial year 2022–23, HEDSI saw a noticeable boost in business, especially as the construction and real estate markets picked up pace after a slower 2021–22. Here’s what worked in their favor: Real estate developers cleared a lot of unsold homes, leading to a rise in residential construction. More people were taking home loans, and festive demand brought back homebuyers. Offices started reopening, increasing commercial property activity. The government's focus on finishing infrastructure projects also helped push business forward. New Products and Innovation HEDSI launched several new products to meet changing customer needs: Impact WD and Impact CP DB were introdu...