New Delhi: Business conglomerate Honeywell plans to increase its India headcount by about 1,000 employees next year as it expects growth to bounce back in line with global economic recovery. The company is also planning to provide bio-fuel technology for the country's airlines industry. "This year the growth has been flat, but still we are hiring 500-700 people for the entire group in India. Next year, we should recruit about 1,000 people as our domestic base expands," said Honeywell Automation India Managing Director, Vimal Kapur. The company, which has an employee base of 11,000 people, has been adding about 1,000 staff every year, in line with its annual growth during the last few years, he added. "The new recruitments will be done in all our verticals, including R&D, avionics (aircraft cockpit system), auto components and chemicals division," Kapur added. Also, on Honeywell India's new initiatives in the country, he said, "We are developing bio jet fuel technology as part of our energy saving initiative and the test flights are being carried out in the West. Our aim is to introduce this in India." The company also plans to work in conjunction with fuel suppliers, like HPCL and BPCL, for use of the technology in the Indian aviation industry.