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December 04, 2007

Co. that makes "water out of thin air"

The Mint has a profile of Chennai-based economist-turned-entrepreneur S.S.Sivakumar whose Akash Ganga International is seeking to help solve the city's chronic water problems through its unique device.
The scientific basis behind Sivakumar’s air-to-water conversion is the heat exchange process: In this case, it involves sucking in air from the atmosphere and blowing it over cold gas resulting in the creation of water (in much the same way, condensate, or water, forms on the outside of the windows of a heated room in winter or an air-conditioned room in summer).

...By mid-2004, Sivakumar and his team worked out how to make water from air. AGL invested in a modest 3,000 sq. ft manufacturing facility and started rolling out its products. Priced between Rs9,200 (for an 8-litre version) to Rs42,500 (for a 120-litre one), the machines were powered by electricity, and sold through stores that sold consumer durables such as television sets, washing machines and refrigerators. The Akash Ganga machines produced a litre of water at an average cost of Rs0.80 a litre, but, surprisingly, found little success. The company was unable to sell the product as it lacked the resources to market the product on a larger scale.

...Since the process of converting air to water results in a drop in temperature (one reason why some air conditioners leak water), AGI has pitched its products as a three-in-one as the company terms it: an airconditioner, water creator, and air cleanser.

Arun Natarajan is the Founder & CEO of Venture Intelligence, the leading provider of information and networking services to the private equity and venture capital ecosystem in India. View free samples of Venture Intelligence newsletters and reports.