<p>Apparel maker Kitex Group has announced an investment of Rs 1,000 crore over a two-year time period in Telangana, after backing out from its plan to invest Rs 3,500 crore in Kerala.</p>.<p>The “Phase-1” investment would be in the Kakatiya Mega Textile Park in Warangal, a tier-2 city located about 150 km northeast of Hyderabad, and is expected to generate about four thousand jobs for the state.</p>.<p>On Friday, a delegation of the Kitex group headed by its chairman Sabu Jacob held a series of meetings with Telangana industries minister KT Rama Rao to decide to invest in the state.</p>.<p>The Kitex top management had arrived in Hyderabad in a special jet sent by the K Chandrashekar Rao government as part of its efforts to attract the investment that Jacob stated he was withdrawing from Kerala.</p>.<p><strong>Read more: <a href="https://www.deccanherald.com/national/south/ease-of-doing-business-in-kerala-comes-under-scanner-again-1004490.html" target="_blank">Ease of doing business in Kerala comes under scanner again</a></strong></p>.<p>Before departing from the Kochi airport, Sabu reportedly said that “he was being hounded out of Kerala.”</p>.<p>Jacob, whose is operating in Kerala for over five decades, has alleged that the atmosphere in Kerala has become non-conducive for operating existing or launching new businesses.</p>.<p>He has earlier complained that his units were raided 10 times within a month by Kerala officials of various departments.</p>.<p>He also rued that no Kerala minister bothered to enquire about the reasons for his withdrawal, “while chief ministers of several states telephoned him and Telangana has invited, sending a private jet.”</p>.<p>However, reacting to Jacob's accusations, Kerala's industries minister P Rajeev reportedly said that inspections of Kitex Garments were following several complaints against the company to the National Human Rights Commission, Kerala High Court etc.,</p>.<p>In Hyderabad, minister Rao presented the group an overview of Telangana's friendly investment policies, availability of various resources for textiles industry growth in the state.</p>.<p>“Telangana’s cotton is one of the finest in the world,” Rao further told Jacob, while explaining about the single-window clearances, and the other advantages Telangana offers industrialists for a hassle-free investment.</p>.<p>States like Karnataka, Tamil Nadu were also vying for Kitex investment, offering special incentives.</p>.<p>After the initial round of meetings with Rao and the industry department officials, the Kitex team was flown to Kakatiya Mega Textile Park in a helicopter for inspection of the proposed location for the unit.</p>.<p>Later in the evening, the Kitex delegation met minister Rao again and Jacob announced their “in-principle” decision of investing Rs 1000 crore in the KMTP, Warangal, “under Phase 1”, indicating that the company intends to invest more.</p>.<p>Rao assured all possible cooperation for the group to set up their units at the earliest in Telangana.</p>
<p>Apparel maker Kitex Group has announced an investment of Rs 1,000 crore over a two-year time period in Telangana, after backing out from its plan to invest Rs 3,500 crore in Kerala.</p>.<p>The “Phase-1” investment would be in the Kakatiya Mega Textile Park in Warangal, a tier-2 city located about 150 km northeast of Hyderabad, and is expected to generate about four thousand jobs for the state.</p>.<p>On Friday, a delegation of the Kitex group headed by its chairman Sabu Jacob held a series of meetings with Telangana industries minister KT Rama Rao to decide to invest in the state.</p>.<p>The Kitex top management had arrived in Hyderabad in a special jet sent by the K Chandrashekar Rao government as part of its efforts to attract the investment that Jacob stated he was withdrawing from Kerala.</p>.<p><strong>Read more: <a href="https://www.deccanherald.com/national/south/ease-of-doing-business-in-kerala-comes-under-scanner-again-1004490.html" target="_blank">Ease of doing business in Kerala comes under scanner again</a></strong></p>.<p>Before departing from the Kochi airport, Sabu reportedly said that “he was being hounded out of Kerala.”</p>.<p>Jacob, whose is operating in Kerala for over five decades, has alleged that the atmosphere in Kerala has become non-conducive for operating existing or launching new businesses.</p>.<p>He has earlier complained that his units were raided 10 times within a month by Kerala officials of various departments.</p>.<p>He also rued that no Kerala minister bothered to enquire about the reasons for his withdrawal, “while chief ministers of several states telephoned him and Telangana has invited, sending a private jet.”</p>.<p>However, reacting to Jacob's accusations, Kerala's industries minister P Rajeev reportedly said that inspections of Kitex Garments were following several complaints against the company to the National Human Rights Commission, Kerala High Court etc.,</p>.<p>In Hyderabad, minister Rao presented the group an overview of Telangana's friendly investment policies, availability of various resources for textiles industry growth in the state.</p>.<p>“Telangana’s cotton is one of the finest in the world,” Rao further told Jacob, while explaining about the single-window clearances, and the other advantages Telangana offers industrialists for a hassle-free investment.</p>.<p>States like Karnataka, Tamil Nadu were also vying for Kitex investment, offering special incentives.</p>.<p>After the initial round of meetings with Rao and the industry department officials, the Kitex team was flown to Kakatiya Mega Textile Park in a helicopter for inspection of the proposed location for the unit.</p>.<p>Later in the evening, the Kitex delegation met minister Rao again and Jacob announced their “in-principle” decision of investing Rs 1000 crore in the KMTP, Warangal, “under Phase 1”, indicating that the company intends to invest more.</p>.<p>Rao assured all possible cooperation for the group to set up their units at the earliest in Telangana.</p>