product process innovation
TRANSCRIPT
Product Process Innovation
Group 3Krutika PanariNeha SharmaKaushal BhansaliMehul ViraniUtsahUpanshu
Water Shortage
“Water scarcity is the lack of sufficient available water resources to meet the demands of water usage within a region. It already affects every continent and around 2.8 billion people around the world at least one month out of every year. More than 1.2 billion people lack access to clean drinking water.”
CausesOveruse of WaterPollution of WaterConflictDistanceDroughtGovernmental Access
EffectsLack of Access to Drinking WaterHungerLack of EducationDiseasesSanitation IssuesPoverty
EXPLOITATION
1. Agriculture2. Hospitality Industry3. Households4. Manufacturing units
Possible Solution• Reduce• Reuse• Recycle• Education• Advance Technology
Related to Water Conservation
• Improve Practices Related to Farming
• Improve Sewage Systems• Support Clean Water
Initiatives
Business plan
VISION – To save water with technologically developed fittings We offers a totally new aspect to the existing faucet systems
Our target market is mainly the public building where there is water , such as hotels, stadiums, hospitals, universities, cinemas, households and public water outlets.
Overhead cost of Setup is approximately 2 crore at the initial stage which would include production unit.
PRODUCT DESIGNThe product will mainly consist of a sensor faucet with a manual speed control handle, on which an infrared sensors will be installed.
CompetitionThe main competitor of the market has been imported products from China and this has been a threat for the domestic companiesSanitary ware market has also undergone a sea change in India, with several domestic and international players such as Roca, Villeroy and Boch, Jaguar Kohler, Toto, Grohe and Hindware jostling for space
SLOW THE FLOW Product
The Innovative Product offered
is unique in design which
acts as our USP
Cost reductionCSR Activity
Sustainable practice
MAKING A CHANGE
Thank you!