Industry And Cluster | News & Insights

Garment giant Kitex in Telangana (India)! MoU signed for Rs. 2,400 crore investment; to create 40,000 jobs

Published: September 22, 2021
Author: Manali bhanushali

With the investment of Rs. 2,400 crore, Kerala-based garment giant Kitex Group will set up two integrated fibre to apparel manufacturing clusters.

The integrated clusters will generate direct employment for 22,000 people, including 19,000 women, and indirect employment of approximately 18,000 people.

The project focuses on rural employment for unskilled people, semi and illiterate people.

Work on both the clusters would commence within the next three months in Warangal (Kakatiya Mega Textile Park) and Ranga Reddy (at Sitarampur) districts of Telangana.

The Telangana Government and Kitex Group, globally second-largest producer of children’s apparel, signed a memorandum of understanding (MoU) in this regard.

During the MoU signing ceremony, Information Technology and Municipal Administration Minister KT Rama Rao, Education Minister Sabitha Indra Reddy, Panchayat Raj Minister E. Dayakar Rao, Kitex MD Sabu M. Jacob and Principal Secretary Jayesh Ranjan were present.

KT Rama Rao said that once the company starts operations, it could purchase cotton grown in about 3 lakh acres in Telangana.

As per a statement, the Telangana Government would provide assistance to improve investment environment for Kitex, which would include prompt land allotment, adequate infrastructure development like provision of common effluent treatment plant, and offer competitive incentives customised to Kitex’s requirements.

The Government would also support setting up an ESIC clinic at the project location and ESI Hospital within 10 km of the site at both the locations.

The State Government would support the company in identifying the catchment for manpower for its units and facilitate skilling and placement of workforce, which would be mostly women.

Adequate availability of local manpower at both locations would be also ensured.

KT Rama Rao urged the apparel giant to give priority to the local youth and women. The State Government will provide skilled training to the locals and make them industry ready.

Sabu Jacob said that he intends to support the State in achieving its vision of developing a world class ecosystem in textile and apparel manufacturing in Telangana with a focus on creation of a large number of jobs.

“We will also support the State in improving the quality of cotton cultivated here by promoting and encouraging use of better and mechanised technology from land development, cultivation, harvesting, ginning and storage of cotton, thereby helping Telangana farmers realise fair price for cotton,” he said.

Kitex would donate 1,50,000 pieces of PPE kits worth Rs. 6 crore to the State Government.

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