Kitex group moving to Telangana; high level talks in Hyderabad

KOCHI: The Kitex Group are visiting Telangana for investment talks. A six-member team led by Sabu Jacob, managing director of Kitex, will leave for Telangana. The high-level talks will be held in Hyderabad Friday afternoon. Sabu Jacob and his team are going to Telangana as per the invitation of Telangana Industries Minister.

The Kitex team is traveling from Kochi to Hyderabad on a private jet sent by the



Telangana government. The Telangana government has promised better facilities for investment. Sabu Jacob had a telephone conversation with Industries Minister K T Rama Rao and other top officials earlier.

Following this, Telangana invited Kitex for talks. Industry Minister K T Rama Rao is the son of Chief Minister Chandrasekhara Rao. So far, nine states including Tamil Nadu and Karnataka have invited Kitex.