TFIPOST हिन्दी
TFIPOST Global
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Kavach Enhances Rail Safety

    A New Era of Rail Safety in India : Kavach 4.0 Commissioned on Mathura-Kota Section of the Delhi-Mumbai route

    Seeking Inspiration from PM Modi, BJP's Young Voice Tejasvi Surya Steps Up as Gen- Next Torchbearer

    Seeking Inspiration from PM Modi, BJP’s Young Voice Tejasvi Surya Steps Up as Gen- Next Torchbearer

    Centre Proposes Six-Month Extension of President’s Rule in Manipur

    Centre Proposes Six-Month Extension of President’s Rule in Manipur

    'I PAC is actively attempting to disrupt the law and order situation in West Bengal': BJP

    ‘I-PAC is actively attempting to disrupt the law and order situation in West Bengal’: BJP

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    IMF Raises Global Growth Forecast; India Set to Expand 6.4 pc in FY26

    IMF Raises Global Growth Forecast; India Set to Expand 6.4 pc in FY26

    India Bans 25 OTT Platforms

    India Bans 25 OTT Platforms Including ULLU, ALTT & Desiflix for Obscene Content

    Union Commerce Minister Piyush Goyal and UK Trade Secretary Jonathan Reynolds formally signed the Free Trade Agreement

    India, UK Sign Historic FTA; Modi Sends Stern Message on Terror, Corruption, and Democracy Abuse

    What Can the Hindustan Zinc Share Price Tell Us About Strategic Resource Investing in India

    What Can the Hindustan Zinc Share Price Tell Us About Strategic Resource Investing in India

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    ndia’s ‘PRALAY’ Missile Can Strike Silently — Even From a Truck

    DRDO Tests 5,000 Kg Radar-Evading ‘Pralay’ Ballistic Missile Capable of Precision Strikes from Mobile Truck Launchers

    BJP to Hold Tiranga Yatra Across Nation from August 10-14 to Celebrate Operation Sindoor, Honour Forces

    BJP to Hold Tiranga Yatra Across Nation from August 10-14 to Celebrate Operation Sindoor, Honour Forces

    Guns to Chocolates—Shah Links Pahalgam Terror to Pakistan

    Guns, Pakistani Chocolates, Voter IDs: Amit Shah Nails Proof on Pahalgam Terrorists Killed In Operation Mahadev

    Pakistan Was Forced to Kneel Before India’s Might, Confirms Rajnath Singh

    Pakistan Couldn’t Handle India’s Retaliation, DGMO Pleaded for Truce: Rajnath Singh in Lok Sabha

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    Mobarak, a key Razakar in Brahmanbaria, was accused of aiding Pakistani forces in brutal 1971 war crimes.

    Bangladesh SC Acquits Razakar Mobarak Hossain in 1971 War Crimes Case Amid Hindu Persecution

    India Scores Diplomatic Win as UN Names TRF in Monitoring Report

    India Scores Diplomatic Win as UNSC Names TRF in Sanctions Monitoring Report

    MEA Refutes ‘Inaccurate’ Claims by Grand Mufti on Nimisha Priya’s Death Sentence Being Cancelled

    Grand Mufti’s Claims on Nimisha Priya’s Death Sentence Being Cancelled Are ‘Inaccurate’: MEA

    India Rejects Western Pressure: National Interest Over Global Optics

    Should We Switch Off Our Economy? Indian Envoy’s Sharp Response to Question on Russian Oil

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    Chola Legacy, Modi’s Message: Restoring Dharma in Tamil Political Discourse

    Rajendra Chola to PM Modi: Reclaiming Tamil Nadu’s Forgotten Hindu Civilizational Heritage

    Schools in Delhi May Soon Bear Names of Local Kargil Martyrs, Says Minister on Vijay Diwas

    Schools in Delhi May Soon Bear Names of Local Kargil Martyrs, Says Minister on Vijay Diwas

    NCERT Textbook Reveals Mughal Religious Intolerance

    Ruthless Babur, Violent Akbar, Destructive Aurangzeb: NCERT Textbook Reveals Mughal Religious Intolerance

    India Built Gardens Long Before Babur Dreamt of Charbagh

    Before the Mughals: India’s Civilisation Built Gardens Long Before Babur Dreamt of Charbaghs

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    A Taste of India: Discovering Five Iconic Alcoholic Beverages

    A Taste of India: Discovering Five Iconic Alcoholic Beverages

    Infuse Your Outdoors With Elegance with Gate Lights and Garden Lights

    Infuse Your Outdoors With Elegance with Gate Lights and Garden Lights

    How to Use Bilbet Mobile App for Smart Betting – Pro Tips for Indian Gamblers

    How to Use Bilbet Mobile App for Smart Betting – Pro Tips for Indian Gamblers

    Paw-lling Error: Golden Retriever named ‘Dog Babu’ Gets Voter-Ready in Bihar

    Paw-lling Error: Golden Retriever named ‘Dog Babu’ Gets Voter-Ready in Bihar

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
Tfipost.com
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Kavach Enhances Rail Safety

    A New Era of Rail Safety in India : Kavach 4.0 Commissioned on Mathura-Kota Section of the Delhi-Mumbai route

    Seeking Inspiration from PM Modi, BJP's Young Voice Tejasvi Surya Steps Up as Gen- Next Torchbearer

    Seeking Inspiration from PM Modi, BJP’s Young Voice Tejasvi Surya Steps Up as Gen- Next Torchbearer

    Centre Proposes Six-Month Extension of President’s Rule in Manipur

    Centre Proposes Six-Month Extension of President’s Rule in Manipur

    'I PAC is actively attempting to disrupt the law and order situation in West Bengal': BJP

    ‘I-PAC is actively attempting to disrupt the law and order situation in West Bengal’: BJP

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    IMF Raises Global Growth Forecast; India Set to Expand 6.4 pc in FY26

    IMF Raises Global Growth Forecast; India Set to Expand 6.4 pc in FY26

    India Bans 25 OTT Platforms

    India Bans 25 OTT Platforms Including ULLU, ALTT & Desiflix for Obscene Content

    Union Commerce Minister Piyush Goyal and UK Trade Secretary Jonathan Reynolds formally signed the Free Trade Agreement

    India, UK Sign Historic FTA; Modi Sends Stern Message on Terror, Corruption, and Democracy Abuse

    What Can the Hindustan Zinc Share Price Tell Us About Strategic Resource Investing in India

    What Can the Hindustan Zinc Share Price Tell Us About Strategic Resource Investing in India

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    ndia’s ‘PRALAY’ Missile Can Strike Silently — Even From a Truck

    DRDO Tests 5,000 Kg Radar-Evading ‘Pralay’ Ballistic Missile Capable of Precision Strikes from Mobile Truck Launchers

    BJP to Hold Tiranga Yatra Across Nation from August 10-14 to Celebrate Operation Sindoor, Honour Forces

    BJP to Hold Tiranga Yatra Across Nation from August 10-14 to Celebrate Operation Sindoor, Honour Forces

    Guns to Chocolates—Shah Links Pahalgam Terror to Pakistan

    Guns, Pakistani Chocolates, Voter IDs: Amit Shah Nails Proof on Pahalgam Terrorists Killed In Operation Mahadev

    Pakistan Was Forced to Kneel Before India’s Might, Confirms Rajnath Singh

    Pakistan Couldn’t Handle India’s Retaliation, DGMO Pleaded for Truce: Rajnath Singh in Lok Sabha

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    Mobarak, a key Razakar in Brahmanbaria, was accused of aiding Pakistani forces in brutal 1971 war crimes.

    Bangladesh SC Acquits Razakar Mobarak Hossain in 1971 War Crimes Case Amid Hindu Persecution

    India Scores Diplomatic Win as UN Names TRF in Monitoring Report

    India Scores Diplomatic Win as UNSC Names TRF in Sanctions Monitoring Report

    MEA Refutes ‘Inaccurate’ Claims by Grand Mufti on Nimisha Priya’s Death Sentence Being Cancelled

    Grand Mufti’s Claims on Nimisha Priya’s Death Sentence Being Cancelled Are ‘Inaccurate’: MEA

    India Rejects Western Pressure: National Interest Over Global Optics

    Should We Switch Off Our Economy? Indian Envoy’s Sharp Response to Question on Russian Oil

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    Chola Legacy, Modi’s Message: Restoring Dharma in Tamil Political Discourse

    Rajendra Chola to PM Modi: Reclaiming Tamil Nadu’s Forgotten Hindu Civilizational Heritage

    Schools in Delhi May Soon Bear Names of Local Kargil Martyrs, Says Minister on Vijay Diwas

    Schools in Delhi May Soon Bear Names of Local Kargil Martyrs, Says Minister on Vijay Diwas

    NCERT Textbook Reveals Mughal Religious Intolerance

    Ruthless Babur, Violent Akbar, Destructive Aurangzeb: NCERT Textbook Reveals Mughal Religious Intolerance

    India Built Gardens Long Before Babur Dreamt of Charbagh

    Before the Mughals: India’s Civilisation Built Gardens Long Before Babur Dreamt of Charbaghs

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    A Taste of India: Discovering Five Iconic Alcoholic Beverages

    A Taste of India: Discovering Five Iconic Alcoholic Beverages

    Infuse Your Outdoors With Elegance with Gate Lights and Garden Lights

    Infuse Your Outdoors With Elegance with Gate Lights and Garden Lights

    How to Use Bilbet Mobile App for Smart Betting – Pro Tips for Indian Gamblers

    How to Use Bilbet Mobile App for Smart Betting – Pro Tips for Indian Gamblers

    Paw-lling Error: Golden Retriever named ‘Dog Babu’ Gets Voter-Ready in Bihar

    Paw-lling Error: Golden Retriever named ‘Dog Babu’ Gets Voter-Ready in Bihar

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
No Result
View All Result
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
  • Economy
  • Defense
  • Geopolitics
  • Knowledge
  • Law
  • Lounge

As soon as Kitex left Communist Kerala, its stock price skyrocketed

TFI Desk by TFI Desk
10 July 2021
in Trending
Kitex, Kerala, Communist,
Share on FacebookShare on X

After being hounded out of Kerala by the Communist government, the Kitex group has announced an investment worth 1,000 crore rupees in Telangana. K. T. Rama Rao, son of Chief Minister KCR and Industries minister of the state, welcomed the decision of Sabu M Jacob and announced the investment from his personal Twitter handle.

Delighted to announce the entry of KITEX group, world’s 2nd largest manufacturer of kids apparel into Telangana with an initial investment of ₹1,000 Cr

They’ve chosen KMTP, Warangal for their factories

My gratitude to Mr. Sabu M. Jacob, MD of KITEX group on a quick decision 🙏 pic.twitter.com/CgMf67DpxN

— KTR (@KTRBRS) July 9, 2021

RelatedPosts

Grand Mufti’s Claims on Nimisha Priya’s Death Sentence Being Cancelled Are ‘Inaccurate’: MEA

Indian Nurse Nimisha Priya Faces Execution Today as Intervention Fails

Nimisha Priya’s Execution Put on Hold amid ongoing negotiations in Yemen

Load More

“Delighted to announce the entry of KITEX group, world’s 2nd largest manufacturer of kids apparel into Telangana with an initial investment of ₹1,000 Cr. They’ve chosen KMTP, Warangal for their factories. My gratitude to Mr. Sabu M. Jacob, MD of KITEX group on a quick decision,” tweeted KTR.

Previously Jacob said that it has become extremely difficult to do business in Kerala and the company faces continuous harassment and humiliation from the Communist government and decided to withdraw the 3,500 crore rupees project.

After the Kitex group decided to scrap the investment in communist Kerala, its stock prices registered around 20 per cent gain within a day.

Kitex, Kerala, Communist,

Investors know very well that moving out of Kerala means the group would be able to post better profits and operate peacefully because nowhere in the country industrialists face such humiliation for creating thousands of jobs and supporting the state’s economy.

“We have already acquired 30 acres of land for the apparel park at Kizhakkambalam in Kochi. The project report has also been completed and the project would have provided jobs for 20,000 people. The three industrial parks were envisaged to promote start-ups providing all infrastructural facilities. Each of these parks would have created 5,000 job opportunities. The decision to scrap the project has been taken as I am fed up with the continuous harassment at the hands of the authorities. Whoever invests in Kerala will lose peace of mind and will be driven to suicide,” said Sabu M Jacob, chairman and managing director of Kitex group.

After Jacob announced that he will no longer make an investment in Kerala, the neighbouring states like Telangana and Karnataka jumped over the opportunity.

Rajeev Chandrasekhar, BJP MP from Karnataka and Union Minister of State for Electronics and Information Technology welcomed Mr Jacob in the state and said that from CM to PM and HM, everyone is in his support. “Spoke to Mr Sabu Jacob of Kitex and offered him all support for his industry that provides employment to thousands of Malayalees in Kerala. Have also offered opportunity of investments in Karnataka with full support of CM @BSYBJP @narendramodi @AmitShah @JPNadda @blsanthosh,” tweeted Chandrasekhar.

Spoke to Mr Sabu Jacob of Kitex and offered him all support for his industry that provides employment to thousands of Malayalees in Kerala.

Have also offered opportunity of investments in Karnataka with full support of CM @BSYBJP @narendramodi @AmitShah @JPNadda @blsanthosh

— Rajeev Chandrasekhar 🇮🇳(Modiyude Kutumbam) (@Rajeev_GoI) July 10, 2021

Kitex Group is the world’s second-largest kids’ garments manufacturer and is expanding its business. With 1,000 crore rupees investment in Telangana, the company still has 2,500 crore rupees in its kitty for investment and the states across the country are looking to gain from Kerala’s loss.

Mr Jacob, who was forced to leave Kerala by the communist government, is being welcomed by the industry-friendly states. “I never thought in my life that I would leave Kerala. But for how long can one put up with this kind of treatment and humiliation. I tried, but could not any longer,” Mr Jacob had said when he decided to leave Kerala but given the welcome he receiving from other states, he would probably shift his altogether out of state.

Ruled by the Communists, it was only natural for Kerala to be averse to industrial growth, development, and wealth generation. For a type of politics that views poverty and oppression as key to power retention, the ruling Left-government of Kerala was never expected to go out of its way to promote investments into the state. And if the Communist government survives for another term, the state would have no industries left.

Tags: communist governmentKeralaKitexSabu M JacobTelangana
Share146TweetSend
Previous Post

The effect of Piyush Goyal on the textile sector is already here as textile stocks soar, some hit 52 week high

Next Post

Message from cabinet reshuffle: BJP finally has a CM face in Delhi. It’s Meenakshi Lekhi

Related Posts

Kavach Enhances Rail Safety
Trending

A New Era of Rail Safety in India : Kavach 4.0 Commissioned on Mathura-Kota Section of the Delhi-Mumbai route

30 July 2025

Indian Railways has taken a major leap in railway safety by commissioning Kavach 4.0, an advanced indigenous train protection...

Buy Indian, Buy Informed: Govt Seeks Country of Origin Filter to Counter Imports from Terror-Linked Nations
Trending

Buy Indian, Buy Informed: Govt Seeks Country of Origin Filter to Counter Imports from Terror-Linked Nations

30 July 2025

In a move aimed at empowering Indian consumers to make better-informed purchasing decisions, particularly during the upcoming festive season,...

Why Doesn’t India Have Helpline to Report Illegal Bangladeshis?
Analysis

Why Don’t we Have Helpline to Report Illegal Bangladeshis? Why Is India Turning a Blind Eye?

30 July 2025

You see them everywhere, illegal Bangladeshis selling vegetables in city markets, posted as security guards, maintaining gardens in residential...

Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms of use and Privacy Policy.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Currently Playing

When Reuters Insults India, Its Indian Staff Looks the Other way

When Reuters Insults India, Its Indian Staff Looks the Other way

00:07:38

NISAR Explained: Why the World Is Watching ISRO and NASA’s Next Move

00:07:26

Inside the ₹30,000 Cr Tug of War Between Karisma Kapoor and Sunjay’s Family

00:04:08

Should the HR&CE Exist? The Controversial Control Over Hindu Temples in Tamil Nadu

00:06:31

Will India Buy F-35s from US or Build Su-57s with Russia? IAF’s Big Push Explained

00:08:32
Facebook Twitter Instagram Youtube
tfipostTfipost.com
Right Wing | News Analysis | Indian Opinion
  • About us
  • Careers
  • Brand Partnerships
  • Terms of use
  • Privacy Policy
  • Sitemap
MASHABLE IS A GLOBAL, MULTI-PLATFORM MEDIA AND ENTERTAINMENT COMPANY. FOR MORE QUERIES AND NEWS, CONTACT US AT info@mashablepartners.com


©2025 TFI Media Private Limited

No Result
View All Result
  • Premium
  • Politics
    • Analysis
    • Opinions
    • Trending
  • Economy
    • Business
    • Finance
  • Defense
    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
TFIPOST हिन्दी
TFIPOST Global

©2025 TFI Media Private Limited