Website : http://maagfuelsaving.com
City : Chennai.
State : Tamilnadu
Country : India
Details Of Product :
Product Name :Maag Fuel Saver
Details of Primary ShareHolders :
Mr. Chandrakaanthan,The Invenor
D.K .Raju, Co- Promoter
Ramdurai ,incharge of Marketing
Brief Description Of Your Product/Service :
A Diesel fuel saver. Uses the principle of magnetism. Saves fuel 10% and above and releases less carbon dioxide into atmosphere. This device consists of copper pipe embedded with varying number of magnets and it magnetizes the hydrocarbons passing through the device. It breaks hydrocarbon bonds into singular molecules allowing better burning. Better burning gives more mileage and less pollutants into atmosphere. The device can easily be fitted into existing existing engine mechanism.
How Is Your Product Unique From Others In The Field?
New invention tested at IIT MADRAS for saving in fuel as found in field trials. No other product of similar kind is available in the market though attempts were made but none came to the level of getting tested by reputed institutes like IIT MADRAS.Magnetic principle is used for saving in fuel consumption in other countries as well but we have not come across any similar product like ours and no test results though claims are made. We find our device is unique and tested for results claimed.
What Is The Need In The Market And How Does It Serve The Requirement?
Saving in Diesel benefit the economy and less pollutants reduces global warming. Every one is looking for saving in fuel and also for less discharge of carbon dioxide into atmosphere to reduce global warming.
What Is The Technology application Being Used?
Principle of magnetism in breaking hydrocarbon bonds into singular molecules. A lot of research was done on the effect of magnetism on Hydrocarbons.
What Is Your Target Segment?
Where ever diesel engines are used; Auto, marine, industrial, Hospitals, hotels to name a few.
Is The Product Currently Generating Revenue?
What Is The Proposed Business Model?
Trial production started of three models for Auto, car and heavy vehicles and for diesel generating sets. Market development in using the device in diesel generating sets is on. After getting patent and ARAI approval, Auto sector will be taken up. Since the device is Priced at around rs.6000 per unit, the cost is not inhibiting factor for use, considering the benefits.
Your Future Vision For The Company :
Fantastic potential as we are looking for fuel saving and for less polluted atmosphere. It will find a customer where ever diesel engines are used.
What Are Your Expected Take Aways From eIndia 2011?
The inventor hails from fishing community and has been working on this invention for almost a decade and only recently perfected. He needs financial support and publicity to take this device across all markets. It has good export potential as well.