TTK Prestige to stop sourcing finished products from China after September
Leading home appliances company TTK Prestige on Friday said it will not be sourcing finished products from China beyond September amid the ongoing border row with the neighbouring country. “As a brand, we are inherently proud of our Indian heritage and legacy. We have been reducing this dependence on China over the last few years, right from the time the Doklam incident had happened.
“The present standoff has triggered us to come to this hard stop for imports of finished products from China. We have taken the decision to stop all finished goods sourcing and are working hard to also develop the component ecosystem in India itself,” the company’s Managing Director Chandru Kalro said in a statement.