TTK Prestige Ltd opens Innovation Centre for Kitchen Appliances

TTK Prestige Limited is inaugurating today a new Innovation Centre dedicated to kitchen appliances, at Bengaluru named after its Chairman Emeritus Late Sri T.T. Jagannathan.

The newly established Sri T.T. Jagannathan Innovation Centre will focus on the following areas:

- Design-led and consumer-centric innovation
- Strengthening the Company's core technological and product development capabilities
- Validation and scaling of new segment opportunities within the kitchen appliances segment

The establishment of the Innovation Centre is in line with the Company's strategic focus on innovation, development of value-added products, and strengthening its long-term competitive position in the kitchen appliances business.

In addition, the Company's existing Research and Development Centre focused on Kitchenware at Hosur is currently undergoing a revamp aimed at enhancing its research and development capabilities.

The overall investment on these two facilities will be around Rs. 15 Crores.

Further, the Company has strengthened its innovation team through the induction of added talent to support its ongoing and future innovation initiatives.

Source : Equity Bulls

Keywords

TTKPrestige InnovationCentre KitchenAppliances Bengaluru