From an initial announcement of Rs 1,000 crore in one apparel facility, the company has decided to invest Rs 2,400 crore in setting up two integrated fibre-to-apparel manufacturing clusters in . This will create 22,000 directjobsand close to 18,000 indirect jobs.
The two clusters, which will come up at Kakatiya Mega Textile Park in Warangal and Sitarampur in Rangareddy district, will ship three million pieces per year of apparel for kids in the 0-24 months age group to the US. The details were given out on Saturday after Kitex Group chairman and managing director Sabu M Jacob signed an MoU with the Telangana government.
The second largest manufacturer of apparel for infants currently manufactures 1 million pieces of infant apparel at its facilities in Kerala for exports to the US. The company is looking at acquiring about 375-400 acres for the two units. The first one at KMTP is slated to begin commercial operations from November 2022, Jacob said on the sidelines of the MoU signing ceremony.