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Pringle Homeware to invest Rs 100 cr, plans new unit

Press Trust of India  |  New Delhi 

Cooking appliances maker Pringle Homeware today said it will invest Rs 100 crore over the next two years to ecpand operations in

The investment is focused on market penetration, new product development, research and innovation including new technology, brand promotion and expansion, the company said in a statement.

Pringle Homeware, which was established in 2005, has a pan presence and plans to set up a manufacturing facility in Kundli, Haryana.

Pringle Homeware Director Singhania said: "This investment will enhance our operations and help expand the brand's footprint across By 2020, we should be known as ingenuous kitchen solutions provider through our smart cooking appliances."

The investment is lined up for a period of two years and will help the company revamp its production infrastructure.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, April 18 2017. 19:43 IST