Kitex Garments to invest Rs 1,000 crore in ‘Kakatiya Mega Textile Park’ generating 4000 jobs

Kerala based textiles major Kitex Garments will invest an amount of Rs 1000 crore to set up its units in Kakatiya Mega Textiles Park. This will be the Phase 1 of the investment and will be done in a span of two years. The proposed investment to set up an apparel manufacturing facility is expected to generate 4000 jobs.

A part of the renowned Anna-Kitex group of companies, founded by M C Jacob, Kitex Garments is the largest employer in private sector in the state of Kerala. The company was established in 1992. With unmatched global connections, this company caters to prominent and renowned conglomerates in the US and Europe.

Kitex Garments currently employs over 5,000 people at its facility, and has been a business provider to many satellite businesses in the state. Having started with Rs 1.8 crore turnover in the year 1995-96, the company grew to a turnover of over Rs 524 crore in 2014-15. The company is currently the second largest producer of children's apparel in the world, and is now in the process of setting up operations in the United States of America.