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TTK Prestige Limited is an Indian company that manufactures kitchen appliances and cookware, under the Prestige brand. The company is one of the leaders in the cooker category. The company has other products like gas stove, kitchen hood, grinders, cleaning solutions and various small kitchen appliances like heater, roti maker, air fryer, etc. Revenue mix consists of cooker (31.4%), cookware (15.9%), appliances (48.5%), others (4.2%).
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TTK Prestige is the highest ranked kitchen appliance brand in India catering to the needs of housewives in India. TTK group was founded in 1928 and today it has grown to 30 product categories, with 7 group companies. TTK prestige has been at the forefront of innovations in the kitchen sector and currently has the fastest growth in this sector. The company is built on the values of innovation, safety, trust and durability. The company has a range of cooking, grinding, kitchen and cleaning products.
Prestige is continuously offering modified products and new innovations making it a leading brand in India.
Mergers and Acquisitions
Prestige has acquired Horwood Homewares Ltd, a British company. Established in 1896, which is one of the largest table and cookware suppliers in the country of UK. TTK Prestige announced an investment of Rs 20 crore in Ultrafresh Modular Solutions with a 40.9 percent voting rights in the modular services company.
Services
It has varied product portfolio ranging from
1) pressure cookers
2)non-stick cookware
3) gas stoves
4) Induction Cooktops
5) Mixer Grinders
6) electrical appliances and kitchen tools
7) home cleaning accessories like air purifiers, ladders, mops, water purifiers, vacuum cleaners and many more.
Milestones
- In 2018 TTK Prestige developed India’s first electronically controlled convertible gas stove called E gas hob top.
- TTK prestige achieved a feat of 1500 crores in sales
- Vidya Balan had been roped in as the new face of TTK Prestige’s flagship brand, Prestige the most famous kitchen appliance company
Awards
Although prestige has always believed in customer appreciation as their greatest awards but over the years, they have earned prestigious awards and some of them are:
In 2010-11 Prestige won the Star SME of the year from the hands of the honourable Prime Minister of India Dr, Manmohan Singh.
In 2015 Prestige won ‘India’s most trusted brand’ at Mumbai by IBC Info Media Corp, USA, in association with the international brand council.
In 2017 the Managing Director of TTK Prestige Ltd. was bestowed with the “Brand Leadership Award” at Taj Lands’ End in Mumbai.
In 2018, TTK Prestige won "Brand of the Year".
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