TTK Prestige to invest Rs 250-crore in kitchenware

TTK Prestige plans to invest Rs 250-crore in its kitchenware range over a period of 20-months, the Group's chairman and managing director, TT Jagannathan said, according to a report in The Economic Times.

February 07, 2011 / 12:45 IST

26 Aug, 2025 12:21

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TTK Prestige plans to invest Rs 250-crore in its kitchenware range over the next 20-months, reports The Economic Times, quoting TT Jagannathan, chairman and managing director of the TTK Group. Of this investment, Rs 200 crore would be funded through internal accruals, and the rest through bank loans, the report says.

The company also plans to increase capacity across its various plants, to 10 million units from four million units currently. Mr Jagannathan did not specify a period for the capacity expansion. The company has plants in Hosur, Coimbatore and Roorkee.

Source: The Economic Times

first published: Feb 4, 2011 05:17 pm

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