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27th July 2021, Mumbai:
D. Venkateshwaran, Sri Lankan Deputy High Commissioner met Sabu Jacob, MD, Kitex Garments at Kitex head office in Kochi on Saturday and extended a formal invitation to the company to invest.
It is not the 1st red carpet invitation for the Apparel group from India; Earlier, Bangladesh and other countries in the Arabian Gulf region had also offered incentives on the same lines luring Kitex group to invest in their region & geography.
The company had recently announced to invest Rs. 1,000 crore in Telangana.
Just to place it on record, a delegation from the Madhya Pradesh industries department visited Kitex last week offering better facilities.
Sabu M Jacob, MD Kitex Group
There are states making a beeline on this investment as let's make no mistake Apparel sector is a big employer.
Watch: https://www.youtube.com/watch?v=Q3_4i0R8K8s
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