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Kitex group signs MoU with Telangana govt for Rs 2,400 Cr investment

September 18, 2021 9:43 pm

On its part, the Telangana government has offered prompt land allotment for the group, besides setting up a common effluent treatment plant, ESIC clinics at the project sites and ESI hospitals within 10 km of both manufacturing units.

Won’t invest another rupee in Kerala: KITEX chairman

July 12, 2021 3:14 am

Jacob told reporters in Kochi that Telangana has given his company a royal reception. “We have promised an investment of Rs 1,000 crore in the first phase. Further steps would be initiated within two weeks,” he said.

Conscience does not permit investment of even one rupee in Kerala: Kitex group chairman

July 11, 2021 5:25 pm

Alleging harassment by Kerala government officials, Jacob had in the last week of June said his group was withdrawing its Rs 3,500 crore project from the state.

'Not abandoning Kerala, being kicked out,' alleges KITEX MD Sabu M Jacob

July 09, 2021 3:59 pm

Without naming anyone directly in the government, Jacob alleged that when he was 'attacked like an animal' for close to 45 days, no one helped him.

Kerala row: KITEX bound for Telangana on 'special flight'

July 10, 2021 10:38 am

KITEX Managing Director Sabu Jacob said he and a five-member team would go to Hyderabad Friday by a special flight sent by the Telangana government for discussions.