TTK Group
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| Industry | Conglomerate |
|---|---|
| Founded | 1928 |
| Founder | T. T. Krishnamachari |
Area served | Worldwide |
Key people | T. T. Jagannathan (president) |
| Products | Consumer durables Pharmaceuticals Bio-medical devices Maps and atlases Visa services Virtual assistant services Health care |
| Website | ttkprestige |
The TTK Group is an Indian business conglomerate with a presence across several segments of industry including consumer durables, pharmaceuticals and supplements, bio-medical devices, maps and atlases, consular visa services, virtual assistant services and health care services.
The TTK Group was started in 1928 by T. T. Krishnamachari, and is largely owned by the family. The group has revenues of over US$450 Million[1] with a presence across India and several international markets. The group has joint ventures with global corporations such as SSL International and Dr. Scholl's foot care products. The group is also associated with several charitable and social organizations, such as the TTK Voluntary Blood Bank, the T.T. Ranganathan Clinical Research Foundation (a hospital for alcohol and drug addiction) and TTK Schools for the underprivileged.
TTK Protective Devices Limited (formerly TTK – LIG) also has its own brand of condoms, which it has been marketing since 1950s, and started its first condom manufacturing plant in 1963. TTK Protective Devices Limited, which was merged with TTK Healthcare Ltd. and is now no longer a separate entity, but a division of the aforementioned company,[2] now has a capacity of around two billion condoms per year.
History
[edit]The TTK Group was founded in 1928 as an indenting agency by T.T. Krishnamachari.[3] The current executive chairman of TTK Prestige T.T.Jagannathan along with Sandhya Mendonca has co-authored a book titled "Disrupt and Conquer - How TTK Prestige Became a Billion-Dollar Company".[4] The book is a journey about the company's many milestones[5] and how it had fought bankruptcy to become a successful company.
The company was the first to introduce organised distribution to India, and began life as a distribution agent for a wide range of products ranging from foods, personal care products, writing instruments, to ethical products.[6]
World-renowned brands like Cadbury's, Max Factor, Kiwi, Kraft, Sunlight, Lifebuoy, Lux, Ponds, Brylcreem, Kellogg's, Ovaltine, Horlicks, Mclean, Sheaffer's, Waterman's and many more were first brought to India by the TTK Group itself, before the Indian market was liberalised and these brands ventured into India by themselves.[3]
Brands
[edit]The TTK Group has been associated with several brands in India, including:
- TTK Chitra Heart Valves
- TTK Buechel Pappas Knee Replacement systems
- Fryums
- Skore Condoms
- Prestige pressure cookers
- Woodward's gripe water
- Good Home
- GetFriday
- Eva Deodorants
- CignaTTK Health Insurance (Joint Venture with CIGNA, USA)
- TTK Services Pvt LTD
- Love Depot
See also
[edit]References
[edit]- ^ Forbes (5 December 2011). "Kitchen Cleanup". Forbes Asia. Retrieved 28 November 2011.
- ^ "TTK Healthcare board approves merger of arms". @businessline. Retrieved 4 January 2021.
- ^ a b "TTK Group".
- ^ "Disrupt and Conquer". Good Reads.
- ^ "'Disrupt And Conquer' by TT Jagannathan is a tale of TTK Group". New Indian Express.
- ^ "TT Vasu, son of legendary finance minister TT Krishnamachari, was an early business pioneer in India; here's a brief look". The Financial Express. 6 February 2017. Retrieved 3 December 2020.
External links
[edit]- "Corporate Overview". TTK Healthcare. Retrieved 19 May 2010.
- Abhrajit Gangopadhyay (13 January 2002). "TTK group aims to shed flab and flex its muscles". Business Line. Retrieved 19 May 2010.
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