Formidable Growth Prospects!

The Halma India hub has the capabilities to incubate, accelerate growth and scale and be a catalyst for Revenue Growth / Engineering Value Addition for its Operating companies, says Inken Braunschmidt Chief Innovation and Digital Officer, Halma Plc

- Niranjan Mudholkar

Halma has been operational in India since 2008 with more than 25 companies operating under it. How would you describe the growth of the Group in this market considering that it is undergoing such huge changes for the last couple of decades?

I agree with you; the Indian economy has seen enormous changes in the past two decades. But change can also signify huge opportunity and Halma, as a global group of life-saving technology companies, sees formidable growth prospects for some of our companies in the areas of infrastructure, safety, healthcare and the environment in India. Halma companies primarily focus on niche technologies within these highly regulated sectors.

Given the group’s presence in diverse sectors with one vision, how do you see the role of the Halma India hub evolving?

We see the India hub as a strategic enabler for our companies who have invested sales and engineering resources in India or who are planning to invest in India. The hub has the capabilities to incubate, accelerate growth and scale and be a catalyst for Revenue Growth / Engineering Value Addition for Halma’s Operating companies.

Disruption has become the new normal today. And while technology obviously has a role to play in it, it still remains just the tool (albeit a very powerful one). But would you agree that disruptions and digital transformations are more about mindsets first and then about their physical manifestations?

I would say mindset is perhaps even more important, without the mindset to want to embrace change, question the status quo and seek out new ways of doing things, there is no new technology.