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Sunday
October 2021
11:21 PM IST
News Headlines
T20 WC: England thrash West Indies by 6 wickets after bowling them out for 55        Govt intervention needed to boost real estate market in Goa: Rohit Gera        With no Women's Ministry, activists demand that Taliban ensure women's rights        Shah lays roadmap for statehood for Kashmir, reviews security in backof civilian killings        Vessel-Boat collision : ICG rescues two injured fishermen in mid-sea        Vaccine makers played big role in India's success story: PM Modi        Finch backs out-of-form David Warner ahead of SA match        Volvo Car India launches Petrol Mild-Hybrids in Karnataka        With music banned, musicians of Afghanistan stare at bleak and uncertain future        No timeline for theatre commands, General Rawat refutes media reports        Kerala girl wins world handwriting competition        EAM, UK Foreign Secretary hold talks on trade, defence, climate change, Afghanistan        Actress Shruti Haasan launches parcos.com        Scotland bundle out Oman for 122        Arrest warrants against 12 war criminals in Bangladesh        Cabinet hikes DA for central govt employees        CGH Earth plans 10 caravan parks across Kerala        Milma launches ‘Deepavali Gift Box’        Presidents of Maldives, Malawi, Israeli PM, US Secretary of State congratulate India on reaching vaccination milestone        Australia recover to post 152/5 as Kohli emerges as sixth bowling option        
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Business News
Leading garment exporter Kitex Group to invest Rs 2,400 cr in Telangana
 
Hyderabad, Kerala-based Garment manufacturer Kitex Group, world’s 2nd largest manufacturer of kids apparel, which abandons Rs 3,500-crore investment plan in Kerala, cites 'harassment' by the state government, will be setting up two integrated fibre to apparel manufacturing clusters in Telangana with an investment of Rs 2,400 crores.
Announced this by Kitex Group Managing Director Mr. Sabu Jacob after signing an MoU with the Telangana Government at a function held at a hotel here on Saturday for setting up two integrated manufacturing clusters at Kakatiya Mega Textile Park in Warangal and Sitarampur in Rangareddy districts.
The MoU document was exchanged by Telangana Principal Secretary ( IT and Industries ) Jayesh Ranjan and Jacob in presence of Telangana Industries Minister K T Rama Rao, Ministers Ms P.Sabitha Indra Reddy (Education) and Erraballi Dayakar Rao (Panchayat Raj), Warangal Mayor Gundu Sudharani and local MLAs from Warangal and Rangareddy districts.
Targeting to export 3 million pieces of infant apparel to the American market from Telangana,the manufacturing operations will commence from warangal facility by November next year and the second facility at Rangareddy will commence after 3-4 months,said Jacob on the occasion.
The integrated clusters will generate direct employment for 22,000 people locally and in which, we will provide employment to over 85 per cent belonging to women only, he assured and added that it will also generate indirect employment of approx 18,000 people.
The project focuses on Rural employment for unskilled people, semi and non literate people, Jacob informed.
We are employee friendly and we will provide PF, Social security and medical cover to all employees' families besides planning to provide subsidized food to employees at the clusters, said Jacob.


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Federal Bank gets authorisation to collect Direct and Indirect Taxes
Tanishq launches two large-format stores in Hyderabad
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Federal Bank ties up with CredAvenue
ESAF Bank launches 'Supreme' current account product for NRIs
add add BSE ready with technology for launching electronic gold receipts
Indian economy's fundamentals strong; private investment picking up: Panagariya
Maruti Suzuki sales down to 86,830 units in Sept 2021
Flipkart and Myntra CEOs promise to explore growth prospects in Andhra Pradesh
KERALA NEWS
Vessel-Boat collision : ICG rescues two injured fishermen in mid-sea
 Thiruvananthpauram, Indian Coast Guard (ICG) has rescued two fishermen who was injured in a mid-sea  
Kerala girl wins world handwriting competition
CGH Earth plans 10 caravan parks across Kerala
Kerala rains: 39 dead, 3851 families in rehabilitation camps, says CM Pinarayi
INTERNATIONAL NEWS
With no Women's Ministry, activists demand that Taliban ensure women's rights
 Kabul, With the Taliban having disbanded the Women’s Ministry and replaced it with the Ministry of P
With music banned, musicians of Afghanistan stare at bleak and uncertain future
Arrest warrants against 12 war criminals in Bangladesh
IMF Chief Economist Gita Gopinath to leave job and return to Harvard University
NATIONAL NEWS
Shah lays roadmap for statehood for Kashmir, reviews security in backof civilian killings
 Srinagar, Delimitation would be carried out in Jammu and Kashmir, followed by elections and eventual
No timeline for theatre commands, General Rawat refutes media reports
Cabinet hikes DA for central govt employees
Nepalese national raped in Delhi's Amar Colony area
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