Live
- Woman’s False Claim Sparks Unnecessary Panic
- Locals Report Naxal Activity in Karkala Village
- Mangaluru International Airport Sets New Records in Passenger and Flight Movements
- Where Areca failed, grow Coffee
- Collector Badavath Santosh Reviews Household Survey and Listing Process
- Awareness Session on SHE Team and POCSO Act
- Awareness Program in agricultural College on the Dangers of Drug Abuse for Youth
- 3500-Year-Old Menhir in Kamsanpally Village: A Call for Preservation
- The Role of Artificial Intelligence in Radiology: Transforming Diagnosis and Patient Care
- Hindustan Zinc Ltd. Signs MoU with Rajasthan Government to Invest Rs 36 Crores in Education Development
Telangana government sends chartered jet to bring in 3,500-cr project
Sabu Jacob
A special private jet sent by the Telangana government will carry estranged Kerala businessman Sabu Jacob and his team for discussions on setting up his proposed Rs3,500-crore unit in the State. The special private jet will departure on Friday for Kerala.
Kochi: A special private jet sent by the Telangana government will carry estranged Kerala businessman Sabu Jacob and his team for discussions on setting up his proposed Rs3,500-crore unit in the State. The special private jet will departure on Friday for Kerala.
Interacting with the media on Thursday, Jacob, who heads Kitex - one of Kerala's biggest industrial groups, said "they will leave on Friday by the private jet sent by the Telangana government to have discussions with them."
"By now, I have already completed a few rounds of discussions on this with the Telangana Industries Minister KT Rama Rao and his top officials over telephone. We are going to have more discussions and we will return on Saturday," he said.
Kitex Garments, the second-largest children's apparel manufacturer in the world, has announced the scrapping of the Rs3,500-crore project, for which it had signed a memorandum with the Kerala government at the 'Ascend Global Investors Meet' in Kochi in January 2020.
As part of the project, an apparel park was to be opened in Kochi, besides the establishment of industrial parks in Thiruvananthapuram, Kochi, and Palakkad.
Voicing his ire against his home State's government, Jacob said: "I was hunted as an 'animal' here by several officials. As many as 76 cases were registered against us by various agencies."
Early this week, Kerala Industries Minister P Rajeev held discussions with various departmental heads and after that, he sought to clarify that the State government did not suo motto take up any probe against Kitex and they only looked into certain complaints that came before the various government departments.
Kitex fell on the wrong side of the political establishment in Kerala after Jacob floated a political outfit named 'Twenty 20' - which was earlier registered as a non-profit organisation - and wrested power in the Kizhakkambalam Panchayat in Ernakulam district. In the recent Assembly elections, Twenty 20 contested six seats, but could not win any.
Jacob has gone on record to state that the Kerala government is not providing any subsidy, including for power, noting that it is all profit for the State government and there is no professional interest being envisaged by it.
He had also alleged that things are at the mercy of the local level leaders here, and even an upper division clerk in the State can scuttle the prospects of an industrialist. Kerala is lagging behind in industrial growth and the attitude of the rulers and the bureaucracy is the reason behind this, he had said. Jacob and his establishment saw 11 teams of officers from various departments raiding the company in the past one month. The company employees were also grilled for hours. It was then that Jacob had announced that he will move out of the State, following which offers poured in from nine States.
