Industry And Cluster | News & Insights

Warangal to receive Rs. 1000 crore Investment  from Kerala Textile Group

Published: July 10, 2021
Author: Manali bhanushali
KITEX Garments Limited, a prominent garment manufacturer based in Kerala, has announced an investment of Rs 1,000 crore in the establishment of a textile plant at the Kakatiya Mega Textile Park (KMTP) in Warangal. Following a series of discussions with Telangana Industries Minister KT Rama Rao and a team from the State Industries Department, the announcement was made.
The Kitex Group Management team, lead by the company’s CMD Sabu Jacob, arrived on Friday aboard a chartered aeroplane arranged by the Telangana State Government from Kerala. The projected investment to establish a clothing manufacturing facility is estimated to create 4,000 employment. The crew was delighted with the infrastructure of the Textile Park and returned to Hyderabad.

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