Published On:February 27 2015
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Start-up sets up India's largest biomass cook-stove factory in Gujarat.
Taking an unconventional route to manufacture cleaner and smarter stoves for nearly 15 crore Indian households below the poverty line (BPL), two MBA graduates have set up the country's largest biomass cook-stove factory at Vadodara in Gujarat.
Greenway Grameen Infra, an incubatee company of the IIM-Ahmedabad's technology business incubator, the Centre for Innovation, Incubation and Entrepreneurship (CIIE), evolved as a profitable product design and distribution start-up. It aims to serve rural India through quality-of-life-enhancing home appliances and has already sold over 2,50,000 cook stoves, the company's founders announced.
With a capacity to manufacture 8 lakh units per annum, their aim is to replace the usage of traditional mud stoves (chulhas), that adversely affect health and environment and achieve greater scale.
'Our flagship product, the Greenway Smart Stove, is a high-efficiency cook stove that burns all biomass fuels (wood, cow-dung, etc.) while reducing smoke by 70 per cent, fuel use by 65 per cent and GHG emissions by 1.5 tonnes per annum. The USP of these stoves is that they are durable, without moving parts, and are portable,' said Neha Juneja, co-founder, Greenway.