After launching a textile park in Kakatiya, Telangana, Kitex Garments plans to expand and set its third unit in the state. Manufacturer of infant wear, Kochi-based Kitex Garments will invest Rs 2,400 crore in Telangana over three years to set up two integrated fibre- to-apparel manufacturing clusters in the State. Earlier, it had planned to invest Rs 1,000 crore but increased its investment seeing the response of Telangana government. The company’s initiatives will help create employment opportunities for 22,000 people. Kitex has set a target to ship three million pieces made in Telangana to the export markets.
On May 7, Kitex launched its Kakatiya Textile Park unit. Within a month, it announced plans to expand even further. The government also plans to invest Rs 1,000 crore in the state, encouraging Kitex to expand its facilities further in the state.
