MUMBAI, India, Sept. 30: Godrej Security Solutions (GSS), the top Indian security solutions brand, has unveiled India's novel Plasma Ion based cash sterilizer, 'Steri-on' as component of its COVID Defense Security Range of products. The recently unveiled Steri-on utilizes the patented Plasma Ion Cluster expertise that emits 19 million ion clusters to sterilize currency in real-time upon tracing notes. It utilizes a HEPA filter to garner fine dust (PM 2.5) and takes under 30 seconds to remove up to 99.9% bacteria and viruses instead of the existing germicide-based techniques. Godrej Security Solutions assesses the addressable health fortification and security market for FY-2021 in the nation to be approximately INR 450 Crore of which the 'Steri-on' itself is believed to clock in INR 30 Crores revenue.
Godrej Security Solutions undertook a structured study of 100 bankers to comprehend the significance of sterilizing current notes. The study showcased that the majority of bankers felt a powerful requirement to fortify themselves specifically in times of COVID-19. 84.5% of the respondents are still utilizing hand gloves to safeguard themselves from exposed currency notes. 70.8% of the respondents observed that sanitizing the currency in real-time would be a much more fruitful method of checking the spread of communicable diseases.
Utilizing Steri-on will decrease the danger of infection in cash-heavy segments for example Banking, Retail, Gems, and Jewelry where still the basic and chosen technique of transactions is in cash. Sterilizing currency notes with plasma ion expertise will secure and protect the health of both employees and clients.
Speaking about the launch, Pushkar Gokhale, Head of B2B & Vice President, Godrej Security Solutions observed, "Godrej Security Solutions has always been at the forefront of securing our nation through solutions which are made for India. Besides being the Guardians of the Nation's wealth, we are now expanding our portfolio to safeguard their health. The newest product in our existing health security range is the Cash Steri-on, which is India's first cash sterilizer which uses plasma ion technology. This will help bank tellers' count and sterilize currency notes in real-time without impacting the entire cycle of processes. With banks being an essential service and India gradually unlocking, we believe we will help India #EmergeStronger with our trusted range of solutions."
The Plasma ion cluster is the patented expertise of Sharp Japan and a number worldwide key products utilize it for their air purifiers and air conditioners. South Korea's headquartered company, SMI, unveiled the globe's first opened currency sterilizer machine that utilizes the plasma ion sterilization expertise. Godrej Security Solutions has partnered with SMI to unveil this expertise to the Indian market. A large number of institutions in Japan, South Korea, the United States of America, and the Middle East region already utilize this expertise to sterilize their currency notes.
There are numerous scientific studies and research reports which have showcased how pathogens, viruses, bacteria, and particulate matters can exist on paper-based currency and can be a possible contagion of diseases including COVID-19. India is a cash led economy where 94% of transactions being done in cash and digital transaction are still in early phases. This product will tackle the difficulty of sterilizing currency notes at the source i.e. banks.
Steri-on will be obtainable pan-India at a starting price of INR 95,000.
About Godrej Security Solutions:
Godrej Security Solutions is a division of Godrej & Boyce Mfg. Co. Ltd and component of the USD 4.1 billion Godrej Group. A leader and guide in the business, Godrej Security Solutions Division is the biggest producer and marketer of Security Solutions in India. It is the biggest supplier of security solutions to a number of key banking, corporate, and public institutions. For the first time in the category and the industry, Godrej Security Solutions Division has been awarded the Superbrand status. It has also won the "Most Preferred brand" award in the Home Segment. The Division presently exports its products to more than 45 nations including Middle East Asia, South East Asia, Far East Asia, East Africa, the US, Europe, and the SAARC Countries.
By ANJISHNU BISWAS
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