After dumping Kerala, Kitex Group commits Rs 1,000 crore investment in Telangana
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Last Updated: Jul 11, 2021, 02:02 PM IST
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A delegation from Kitex group, led by its Chairman and Managing Director Sabu M Jacob, met IT and Industries Minister KT Rama Rao and discussed setting up a textile manufacturing unit in the State, an official release said.
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Alleging harassment by the Kerala government officials, Jacob had last week said his group was withdrawing its Rs 3,500 crore project from the State.
The Telangana government on Friday said the Kerala based Kitex Group would be investing Rs 1000 crore for setting up a facility in Kakatiya Mega Textile Park in Warangal.
Conscience does not permit investment of even one rupee in Kerala: Kitex group chairman
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Conscience not allowing to invest even a rupee in Kerala: Kitex chairman
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After dumping Kerala, Kitex Group commits Rs 1,000 cr investment in Telangana
A delegation from Kitex group, led by its Chairman and Managing Director Sabu M Jacob, met IT and Industries Minister KT Rama Rao and discussed setting up a textile manufacturing unit in Telangana.
Pic: LinkedIn
The Telangana government on Friday said the Kerala-based Kitex Group would be investing Rs 1,000 crore for setting up a facility in Kakatiya Mega Textile Park in Warangal. A delegation from Kitex group, led by its Chairman and Managing Director Sabu M Jacob, met IT and Industries Minister KT Rama Rao and discussed setting up a textile manufacturing unit in the State, an official release said.