![]() Financial Daily from THE HINDU group of publications Wednesday, Sep 28, 2005 |
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Marketing
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New Products & Services Michale Mercantile fuel saver Our Bureau
NEW DELHI: Michale Mercantile Ltd, a Reliance group company, has launched Abis-Tech Fuel Saver, a device that increases the fuel efficiency of light and heavy motor vehicles by around 30 per cent, according to a company release. Abis Tech is a liquid catalyst that needs to be mixed with fuel to increase combustion. The company plans to have 4,000 stockists and 150 distributors all over the country. According to Mr C. Andrew Gabriel, Chairman cum Managing Director of the company, "In the present circumstances, where petrol and diesel prices are moving upwards, it is the right time for a product like ours which maximises up to 30 per cent of mileage in both petrol and diesel vehicles."
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