Industry pins hope on textile revival

Kochi | Monday | 24th September, 2018

Summary:

KOCHI: Kerala should try to build textile industry hubs as it creates higher number of jobs in the local economy than any other industry, said industry leaders. With government implementing a single-window clearance system for industries, chances of developing a hub is a realistic target, they said.“Other states are aggressively promoting textile industry and setting up hubs. “Many states are setting up multiple hubs; there are states with five or six hubs,” Jacob said.Kitex has serious expansion plans. “We will be investing Rs 2,000 crore by 2025 to set up new manufacturing facilities. Furthermore, having workwear assists in creating a better corporate identity..