This is a new Prestige pressure cooker. The lid can be placed in any position and closed safely. And yes this lid comes with a pressure indicator that also acts as a lock ensuring maximum safety while pressure cooking. The prestige pressure cooker range is modular by design meaning you can use the same unique lid in all the utensils in this range. What's more this comes with a unique glass lid which can be used to serve too. Saute, steam, fry and pressure cook. This is the only cooker range your kitchen will ever need.