Sri Lanka becomes second country to invite Kitex group to invest

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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