Friday 13 July 2012

TTK Prestige - New plant in Gujarat

Gujarat would commence production in January 2013, TTK Prestige informed the exchanges"The construction work is going on and the production is scheduled (to begin in) January 2013," the company said in a filing to the BSE. The worth of this capex plan is 125 crore. The company had bought 60 acres of land near Vadodara. On capital expenditure, the company said it has planned an outlay of Rs 85 crore to be spent during this fiscal. 


Kitchen appliance market leader is focusing more of volume expansion and likely to invest in several states in coming years to come. With the growing demand for household articles TTK prestige will have an edge in the Indian market.



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