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Conscience does not permit me to invest a rupee in Kerala ever again: Kitex chairman


Conscience does not permit me to invest a rupee in Kerala ever again: Kitex chairman
Even if they had sent a clerk or a peon, I would have been open to talks. I am still open to talks with them. However, my conscience at the moment does not permit me to invest even a rupee in Kerala ever again, Kitex group chairman Sabu Jacob said
Kitex group chairman Sabu Jacob
PTI
Updated Jul 12, 2021, 8:03 AM IST
My conscience now does not permit me to invest even a rupee in Kerala ever again, Kitex group chairman Sabu Jacob said on Sunday after returning from his trip to Telangana. He said he has plans to initially invest Rs 1,000 crore in Telangana and had given assurances to them to that effect. ....

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After dumping Kerala, Kitex Group commits Rs 1,000 crore investment in Telangana


After dumping Kerala, Kitex Group commits Rs 1,000 crore investment in Telangana
SECTIONS
Last Updated: Jul 11, 2021, 02:02 PM IST
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Synopsis
​​A delegation from Kitex group, led by its Chairman and Managing Director Sabu M Jacob, met IT and Industries Minister KT Rama Rao and discussed setting up a textile manufacturing unit in the State, an official release said.
iStock
Alleging harassment by the Kerala government officials, Jacob had last week said his group was withdrawing its Rs 3,500 crore project from the State.
The Telangana government on Friday said the Kerala based Kitex Group would be investing Rs 1000 crore for setting up a facility in Kakatiya Mega Textile Park in Warangal. ....

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