For this purpose, the company is building a new factory in Idigere near here, at an outlay of Rs 10 crore, with a target to sell one million fans in another three years, from the present one lakh fans, Versa Drives Managing Director, Sundar Muruganandhan said.
Talking to PTI, Sundar said the estimated 400 million ceiling fans operating in India for 2,520 hours in a year, require an average consumption of 39 Watts, which is a power consumption of about 40,000 million units (MU) of electricity in year.
Moreover, each remote-controlled Superfan, instead of a conventional fan, reduces coal consumption by 73 kg and carbon emission by 90 kg every year, he said, adding Superfan consumes only 35 W of power and saves energy up to 56 per cent.
The company has plans to come out with super-efficient appliances for future homes, including domestic pumps, that would lead to greener environment, Sundar said.
On policy side, though various government agencies have appreciated the functioning of the fan, particularly railways, regulators and major PSUs, the government should take steps to bring VAT and other taxes on the gadget, which worked out to be 20 per cent of the manufacturing cost, he said.
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