Ad Here  
Ponni Sugars (Erode) Ltd: not so sweet 2012-13 ITC – steep excise hike Forging industry worried over lower supply of steel and its price L & T set bigger ambitions in defence business Mercedes-Benz sales continue to zoom L & T’s floating dock for navy The gainers and the losers Daimler’s truck exports from Chennai cross 5000 units Record two-wheeler sales Smooth sailing of SAIL Sivasankaran enters taxi space to take on Uber and Ola HPCL plans Rs.61,000 crore capex over 5-years Tata Steel, ThyssenKrupp sign MoU to merge European units Dish TV – subscriber additions encouraging Titan Company – sales recovery to kick in Yamaha unveils scooter boutique Hyundai India achieves 7 mn production at Chennai factory Michelin to double Chennai capacity L&T profit up by 11 per cent Rane targets Rs.5500 crore topline by 2018-19 ITC chairman calls for policy impetus to transform agriculture TVS Automobile invests Rs.75 crore in start-up firms The unexpected exit Solar installations exceed 2015 capacity in five months Smartphone onslaught by Chinese brands AL introduces Guru & Partner Land wars Daimler grows sales and share in India Is this a generation gap? Vellayan is back, after 150 days LVB posts 31 per cent growth in Q1 net profit A welcome initiative-even critics are recognised AL wins Deming prize again Gamesa to set up a plant in Nellore When small is not so beautiful… Consolidating leadership position in smartphones Tata Motors charts investments in PV and CV businesses Emami – a new growth mantra TN government keen on revival of operations at Nokia complex Carnival Films acquiring 3000 screens pan India Aurobindo Pharmacy: good turnaround Right to privacy – now it’s fundamental! TVS Srichakra plans capacity expansion Preparing for the next growth curve Chinese smart phones flourish in small towns too! Ode to Ratan Tata Back in growth mode Tata Motors aims to be among the Top 3 global CV & PV firm Tata Motors bets on new launches Hyundai to focus on SUVs and AMT variants Bajaj Finserv – Q1: fare well Wabco launches safety system M & M unveils driverless technology for tractors Singur minus Nano – victory or folly? Tata Motors joins compact SUV bandwagon with Nexon L&T bags the Mumbai Trans-harbour link order IOB on turnaround path Eyes strong growth in 2016-17 Shriram Life clocks more than Rs.1000 crore premium in 2015-16 From the toughest to the best year Toyota and Suzuki to introduce EVs in India by 2020 Hindalco – re-rating Welcome focus to improve rural India... 29 per cent jump in TCS revenues A niche in FMCG business... Kone India eyes further growth in elevator market Sundram Fasteners rejigs international Nissan exit shouldn’t affect ALL It takes two to tango Maruti – for young buyers PPP model for infrastructure development Tata gets 4-star rating for Zest V-Guard launches app-enabled water heater system TI Cycles plans retail expansion to drive sales for premium bicycles He excels in the nuts and bolts of entrepreneurship Increasing market share AL secures orders for 3600 buses E.I.D Parry (India) Ltd: another sweet year Last stages Housing demand revival New India Assurance posts impressive show PSU non-life firms seek to protect share CAPITAL NOTES Are they really independent? RoC in the dock...
V-Guard launches app-enabled water heater system

Kerala-based V-Guard Industries Ltd, a leading manufacturer of voltage stabilisers, inverters and water heaters, has launched Verano, its all new intelligent water heater system.

The Verano water heater can be operated through a smartphone app from anywhere and also controlled with an infrared (IR) remote. What if you have forgotten to switch off your geyser? You can do so without a worry. From anywhere in the world, wherever you are, the geyser can be switched off or on. So, consumers can establish their own schedule for turning the water heater on and off as per their own convenience using this app.

The new water heater is equipped with a mechanism that will trigger alerts to consumers through the app in the case of any failure of device components. Complaints can be registered through the app by a click that will notify the service centre for correcting the problems.

The Kerala-headquartered company has joined into Internet of Things (IoT) wave that has led to scores of consumer products firms launching Wi-Fi enabled home products in the recent months.

The Verano is complete with a 5-star BEE Standard rating that helps consumers to save maximum energy. The water heater comes with a digital temperature control and LED display panel to indicate temperature and time. It also has an audible alarm for cut off, restart and key touch mechanisms. A high-quality branded steel inner tank in the product ensures additional reliability.

“The launch of Verano follows the rollout of our Pebble water heater two years ago. This is India’s first IoT-enabled product and marks our growing capabilities in digital technologies. The new product is launched in response to the changing needs of consumers in home automation segment,” according to V Ramachandran, Director and Chief Operating Officer, V-Guard Industries.

Verano has been developed by the in-house R&D team with some technology partners. The product will be sold in two variants – 25 litre model will carry a price tag of Rs.17,500, while 15 litre variant will be priced at Rs.16,000.

V-Guard is the third largest player in the water heater market in the country with about 18 per cent share. It commands leadership position in south region, which contributes two-thirds of its revenues. The company had revenues of Rs.1862 crore in 2015-16.

Author :
Reported On :
Sector :
Shoulder :
IE, the business magazine from south was launched in 1968 and pioneered business journalism in south. Through the 45 years IE has been focusing on well-presented and well-researched articles. When giants in the industry stumbled to keep pace with the digital revolution, IE stayed affixed embracing technology.
Read more
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
S-15, Industrial Estate,
Chennai - 600 032.
PHONE: +91 44 22501236