Kitex to set up 2 fiber-to-apparel units in TS at Rs 2,400 cr
As a social responsibility in Covid times, Kitex garments Ltd wants to donate 1,50,000 pieces of PPE kits worth `6 cr to the State Government
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Hyderabad: Government of Telangana and Kitex Group from Kerala have signed an MoU for setting up two integrated fibre to apparel manufacturing clusters in Telangana. Kitex will invest a total of Rs 2,400 crore in these two locations. Work on both the clusters will commence within the next 3 months in Warangal (Kakatiya Mega Textile Park) and Rangareddy (Sitarampur) Districts.
Kitex, the 2nd largest infant garments manufacturing company in the world, will generate a direct employment for 22,000 people and out of that 19,000 will be women through the proposed clusters. It will generate indirect employment of about 18,000 people. The project focuses on rural employment for unskilled people, semi-skilled and illiterate people.
Information and Municipal Administration Minister KT Ramarao formally welcomed the Kitex Garments Ltd to Telangana. During the MoU signing ceremony, KTR reiterated that Telangana Government will provide complete support to the Kitex Group in setting up their units in Warangal and Rangareddy districts. The minister also stated that once the company starts operations, there is a possibility of the company purchasing cotton grown in about three lakh acres in Telangana.
KTR urged the Kitex Group management to give more priority to the local youth and women when it comes to employment. The State Government will provide skill training to the locals and make them industry ready, he added. Minister KTR also asked the respective public representatives to coordinate with the women self help groups in this regard.
About the business environment and proactive Government support, Kitex MD Sabu Jacob said, "We intend to support the State in achieving its vision of developing world class ecosystem in Textile and Apparel Manufacturing in Telangana with a focus on creation of large number of jobs.
In addition, 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."
As a social responsibility in Covid times, Kitex garments Ltd wants to donate 1,50,000 pieces of PPE kits worth Rs 6 crore to the State Government.
The State Government will provide necessary assistance to improve investment environment, such as prompt land allotment, adequate infrastructure development, including provision of common effluent treatment plant, and competitive incentives customised to Kitex's requirements.
