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Thursday, May 27, 2010

Kitchen Appliances: A Portable Refigerator and Stove

Featured in the pages of the WSJ late last year, the $70 ChotuKool portable refrigerator is the opening salvo in the intense competition for India's consumer appliance market. The market is large enough that Indian firms are investing R&D money to come up with low-cost alternatives to traditional household appliances. $70 is still a steep price for many of the world's poor, so many will have take out microloans or pool their resources in small collectives to afford these products.




Here's a related example from the same WSJ piece: First Energy's Oorja (biomass) stove. The stove costs $23 and the pellets needed to use it, cost about $5.50/month.

4 comments:

Deborah said...

Portable refrigerator is good as it occupies less space and I think the power consumption also will be less

truongduchuu said...

A low cost portable refrigerator is a great option specially in third world countries where price is a deciding factor.

jack said...
This comment has been removed by the author.
jack said...

So many will have take out microloans or pool their resources in small collectives to afford these products.Elizabeth Nitz

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