Kerala’s Kitex to set up Rs.500-crore infants garment unit in Karnataka – Feedback

Karnataka government has given the green signal to Kerala-based Kitex Garments to invest Rs.493 crore for a ready-made garments unit in Hassan, Karnataka.

BusinessLine had reported in November 2016 that Kitex Garments was looking to set up an export-oriented garments unit for infants in Hassanat an investment of Rs.500 crore.Talking to BusinessLine from Kizhakambalam near Kochi in Kerala, the Chairman and Managing Director of Kitex Garments, Sabu M Jacob, said: “The government of Karnataka has given approval to the project. Now depending on how fast the government clearances come through, the project will start. Our plan is to start commercial production by March 2019.”

http://www.thehindubusinessline.com/companies/keralas-kitex-to-set-up-500crore-infants-garment-unit-in-karnataka/article10024742.ece?ref=wl_news

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