Kochi, June 11 -- After a war of words erupted between CPI(M)-led Left Government and Kitex Managing Director Sabu Jacob over existing industry climate in the State, the company expresses interest to invest Rs 4000 crore in Andhra Pradesh.
Kitex, one of world's largest infant clothing manufacturers, which has already invested 3,600 crore in Telangana, shows interest in Andhra Pradesh seeing the availability of large quantities of cotton.
Other infrastructure facilities including road, air and rail connectivity are also an attraction for setting up an export-oriented garment production unit in Andhra Pradesh, company sources said.
A few days ago, in a scathing attack against CPI(M)-led LDG Government for its alleged unfriendly attitude to...