Jackpot for Telangana..!? Top Brand..!?
Page
industries, the sole licensee of Jockey, a popular underwear brand in
india and many other countries, is set to invest around Rs 290 crores to set up two new factories in Telangana. South
indian states are trying hard to attract new companies and investments to boost the state's economy and employment. In this context,
telangana is a pioneer in attracting companies and investments in many sectors in a short span of time.
Page
industries, the
indian manufacturer of the Jockey brand, is set to invest around Rs 290 crore to set up two new factories in Telangana. 7000
local youths will be provided employment through these two factories. In these factories, not only garment production, but also sportswear and athleisure garments of other brands under Page
industries will be produced,
telangana State
industries and Information
technology Minister KT Rama Rao said.
In a tweet posted by KT Rama Rao, the popular underwear brand Jockey (Page Industries) is set to set up garment factories in Ibrahimpatnam and Tulku to produce 1 crore garments. Also, happy to share that around 7,000 jobs will be created in the factory in Ibrahimpatnam and Tulku. KT Rama Rao tweeted that he is reaching.
Page Industries' factory at Ibrahimpatnam is built by Whitegold Spintex Park. The factory will be a plug-and-play facility of 1.5 lakh sq ft. Once completed, the factory will be leased to Page
industries and will employ 3,000
people in the factory alone.Page
industries is planning to set up its own factory on an area of about 25 acres in Maluku (Sidthipet).
According to the Minister's Office, around 4,000
people will be employed through this factory. Page
industries, which has been listed on the
mumbai Stock Exchange since 2007, already has factories in Bangalore, Hassan, Mysore, Gauribidanur, Tiptur, and Tirupur, and now 2 new factories are to be set up in Telangana. Page
industries has a factory in Tirupur, the textile city of
tamil Nadu.