TTK Prestige to stop imports from China

4 months ago 28
google news

CHENNAI: India’s largest maker of kitchen appliances TTK Prestige has decided to stop sourcing items and parts from China after September 30, as show of solidarity for the 20 soldiers killed in a border skirmish with China.
“We have decided not to source anything from China after our current orders are executed,” TT

Jagannathan

, chairman of TTK Prestige said. “We will locally produce those items which we imported from China or look at other markets like

Vietnam

or Turkey,” he said. Five years ago the company was sourcing a third of its parts or appliances from China. For now, it imports 10% of all its requirements from China.

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