KITEX group to invest Rs 1000 Crores in Kakatiya Mega Textile Park, Telangana Jul 10, 2021, 08:01 IST
Kerala based Textiles Major KITEX has announced that it will invest a number of Rs 1000 Crores to set up their units in Kakatiya Mega Textiles Park.
The announcement came after a series of meetings with the Telangana Industries Minister Sri KTR and a dedicated team from the State Industries Department.
The Kitex Group Management team flew in from Kerala today in a chartered flight arranged by the Telangana State Government for a series of pre-scheduled meetings with the Minister and his team. During the meeting, Minister KTR gave an overview of the progressive investment policies of the state government and also the availability of various resources for the Textiles industry in Telangana. Minister explained about the TSIPASS Single Window clearance system, and the other advantages that Telangana offers. Furthermore, the minister also stated that our State’s cotton is