Unique Water Tech

117

Our product is a water meter. It solves peoples daily problem of filling water tanks because it is fully automated. It has auto start and auto cut feature that leaves you with no need to even switch on and off your water motor.

Our product is a water meter. It solves people’s daily problem of filling water tanks because it is fully automated. It has auto start and auto cut feature that leaves you with no need to even switch on and off your water motor. The thermostat we fit in the motor will sense and act according to water supply. As a result you will have interrupted water in your tanks.

We had started with Rs. 14,000 seed money. We used it for market survey, raw materials, trials, innovation, and redevelopment till we reached the final outcomes. One unit cost is Rs.200/- and we sell it at Rs. 700/-. Our profit margins are high due to the quality of the product. We have sold to 30 customers through online and offline channels. Customer feedback is good. It has given us confidence to produce more.

We want to improve our product by putting more features such as a timer in it. There is a countrywide market for our product. After close proximity, we will expand to West Delhi, then to entire Delhi. We require investment of Rs.80,000 which will be used as follows - Rs.40,000 for raw material, Rs.20,000 for sales and marketing, Rs.10,000 for adding timer feature (innovation), Rs.10,000 for labour costs.

Team Members

SIDDHARTH SINGH
SUMIT
ANUJ GUPTA
HARJINDER SINGH
JASKARAN SINGH
RAMAN
MAYANK PAL

Team Coach

Harpreet Kaur

Simerpreet Kaur

Chand Nagar-SBV

watertech96@gmail.com
www.uniquewatertech.com