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SHIV DIXIT

CHAIRMAN - BITE INDU... • 11m

Idea For You Implement Now So guy's we all know that the market size of air Cooler in the world is around 7 Billon dollers and in India it's around 700 million dollar with the massive growth rate of 14.6% annually because of High demand. Problem

Amarnath

One who doesn't die • 11m

I think it's high time to stop micromanaging things.. people have to go for long term solutions. As current trends of mindsets of Indian people is changing. It's better create architectural upgrades at affordable price. By combining multiple systems to improve efficiency. An new kind of Ac where the outdoor unit has to be colled with watervaper and cooler system. This system will increase the efficiency atleast by 30% which will reduce power consumption. It reduces the high heat temparatures in summer Very cheap in long term use. Little costly product. Now increased cost is no way the obstrucle of sales. Why do as ask? Eg: ola, they have created a realable product with assurance given to the end users about the technology. Despite being the price is premium than other two wheels range anxiety and all they have managed to achieve huge sales. This shows that people are aware and calculative. That's my point in creating the product.

2 replies1 like

Replies (2)

Amarnath

One who doesn't die • 11m

Let's evaluate the product manufacturing cost. It needs atleast 50w motor, 5w water pump, 0 .5kw battery ( assuming it has to run atleast 8 hours) Solar pannel of 50w( just because of size) And other miscellaneous costs 200/- for motor 50/- per pump 500/- solar pannel 7000/- battery ( lithium is used for portability and current battery cost is arround 13k per kWh) 100/- calculator (300 ifthe entire system is smart) 500/- for body 500/- for other miscellaneous. These are for bulk manufacturing. Sales marketing is extra. There's no street vendor will to pay 13-14k just for a seasonal untility item . Speculations are welcomed..

1 replies1 like

Amarnath

One who doesn't die • 11m

I understand that my reply is not at all relevant to the need that this product solves. But I feel adoption to such premium procucts will be very little as the target audience cannot afford this.

1 replies1 like

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