Abstract:
I. Product and its use
Hurricane lantern is ao improved design at
lantern which has got device for controlling
flame as well as for quick opening of the glass
chimney. It has become ao indispensible item
of domestic use in rural area where there is no
supply of electricity.
II. Market Potential
Since Hurricane lantern is being used in almost
all the households in the rural area and
even some of the households in urban area, the
magnitude of requirement for this item in
domestic market with over 600 millions of population
can be well imagined.
Because of the insufficient supply of electricity
resulting in occasional load shedding in the
electrified areas even in big cities possession of
hurricane lantern has become a must for every
household. Since working life of a hurricane
lanterns is about 5 to 6 years prospect of replacement
is also very high. This adds to the marketing
prospect of the item. Apart from all above,
there is a growing export market for this item
particularly in the developing countries where
industrial activities are still very insignificant.