After rallying 3,985% since 2008, V-Guard bets on phone-operated fans

After a 3,985 percent rally since its 2008 listing, V-Guard Industries Ltd. -- which has evolved into one of India’s leading consumer-durable companies -- has found its next big growth plan: Internet of Things.
 

The company, which started 40 years ago with a mere Rs 100,000, now has products ranging from food mixers to fans and is betting that rising personal incomes in the world’s second-most populous nation and more than a billion mobile-phone connections will boost its sales further.

“IOT is the next big step for our company as smart-phone users are expected to rise every passing day and