Jockey Industrial Group abandons Andhra Pradesh expansion plans

Jockey Industrial Group which was supposed to open its shop in Andhra Pradesh, has backed off despite signing an agreement with the government during the TDP rule. The group had approached the government seeking cancellation of the MoU it had signed with the APIIC. Already, 60 acre land was allotted to the apparel group. It was supposed to set up the shop way back in 2019 itself. It decided to abandon its project reportedly due to disillusionment caused by the demands and pressures for underhand payments by political leaders.

The innerwear garments factory was supposed to provide jobs to 6,000 rural youth and womenfolk. Raptadu constituency was selected for the setting up of the factory. The change in the government reportedly led to the international group to drop its project in the district fearing political pressures from the ruling dispensation. According to APIIC sources, the government is yet to take a decision on the issue.