• Iron and its alloys respond best to induction heating, due to their ferromagnetic nature.

• Benefits of induction cookers include efficiency, safety (the induction cook-top is not heated itself) and speed..

• Induction cookers are faster and more energy-efficient than traditional hobs.

• Additionally, the risk of accidental burning is diminished since the hob itself only gets marginally hot (due to heat conduction down from cookware), allowing direct contact with a reduced chance of harm.• No heat is lost to the air directly from the hob, keeping the kitchen containing the cooker cooler.

INDUCTION STOVE

• Induction heating is the process of heating an electrically conducting object (usually a metal) by electromagnetic induction, where eddy currents are generated within the metal and resistance leads to Joule heating of the metal.

• An induction heater (for any process) consists of an electromagnet, through which a high-frequency Alternating current (AC) is passed.

• Heat may also be generated by magnetic hysteresis losses in materials that have significant relative permeability.

• The frequency of AC used depends on the object size, material type, coupling (between the work coil and the object to be heated) and the penetration depth.

• Induction heating is the process of heating an electrically conducting object (usually a metal) by electromagnetic induction, where eddy currents are generated within the metal and resistance leads to Joule heating of the metal.

• An induction heater (for any process) consists of an electromagnet, through which a high-frequency Alternating current (AC) is passed.

• Heat may also be generated by magnetic hysteresis losses in materials that have significant relative permeability.

• The frequency of AC used depends on the object size, material type, coupling (between the work coil and the object to be heated) and the penetration depth.

Energy efficiency comparison

Energy efficiency comparison

Advantages of Induction Cooker

• Instant adjustment

• No wastage of heat

• Cooler Kitchens

• Safety

• Ease and Adaptability of Installation

Disadvantages of Induction Cooker

• Separate Cooking Vessels designed for Induction Cooker

• Noise

• Radiation Hazards

• Cost

Energy Consumption in India

Market size for Induction cooker

• 60 % of Residences in India are having electricity supply which means 65 Crore of the Indian Population

• In these Residences most of the Cooking takes place with the

Natural Gas, Coal, Peat.

Manufacturers of Induction Cooker

• TTK (45% SHARE IN THE MARKET) • Hawkins ( 15% SHARE IN THE MARKET)

• Philips ( 10% SHARE IN THE MARKET)

• Some other small Suppliers

SWOT ANALYSIS ON MRO TEK ON INDUCTION COOKER MANUFACTURING

• STRENGTH 1. AVAILABILTY OF MANUFACTURING FACILITY 2. BRAND NAME

• WEAKNESS 1. INFANT TO THE INDUCTION COOKING INDUSTRY 2.

• OPPORTUNITIES 1. BIG MARKET 2.

• WEAKNESS 1. ALREADY SETTLED BRANDNAMES 2.

Features That MRO Induction Cooker Must Have

• MINIMUM FEATURES 1. True simmer heat levels 2. Keep-warm setting 3. Pan detector 4. Pan suitability detector 5. Pan size adaptation 6. Residual-heat indicators 7. Child safety lock 8. Hot surface light

• EXTENDED FEATURES 1. Overflow detection

2. Anti-overheating limiter that disables temperatures above 575 F, so oil and other flammables can't get hot enough to catch fire

3. Power Boost mode

4. Special cooking accessories, such as grills, griddles, wok rings and simmer plates Voltage and connection problem indicators

ADVANTAGE FOR MROTEK AFTER ENTERING INTO IC MANUFACTURING

• ENTRY TO THE FMCG MARKET

• DIVERSIFIED PRODUCT LINE