TTK Prestige has decided to establish a new manufacturing unit at Roorkee in Uttarakhand for manufacturing of kitchen electrical appliances and stoves.

The company said that Rs 110 million will be invested in the proposed endeavor.

 According to sources, the plant is expected to be functional in the fourth quarter of the current fiscal.

The sources further added that this will be the seventh manufacturing facility of the Bangalore-based company.

The Roorkee plant will manufacture kitchen stoves, mixies and rice cookers.

The company has also revealed that it is currently working on new product lines taking into account the increased use of non-conventional heat sources.