Business Standard

Kitchen appliance firms see resurgence in demand from stressed households

They say kitchen improvement is likely to be a top priority in Indian homes; customers may also go for local products instead of Chinese-made ones

Kitchen Appliances, Microwave oven, oven, gadgets, appliances
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The company expects to see demand revival as and when the lockdown gets eased further. All of its factories have resumed operation after May 6, 2020.

T E Narasimhan Chennai
Kitchen appliance companies, which have been hit hard by the Covid-19 lockdown, expect a resurgence in demand in the second or third quarter of the year, as the domestic kitchens have been stressed during the lockdown period and kitchen improvement may be a top priority in households now.

TTK Prestige, the home appliance firm of the TTK Group, has said that in the last quarter of 2019-20, around Rs 70 crore worth of sales could not be executed because of the lockdown. While the results are expected to be announced on June 25, it has earlier informed the exchanges that

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