Kasam Industries will be setting up Rs 100 crore textile manufacturing unit at Kakatiya Mega Textile Park in Warangal. The unit, which will comprise of spinning and yarn mills, may also have a dyeing unit. The Warangal-based company has signed a memorandum of understanding with the Telangana Government last year towards setting up of the unit for which 25 acres of land has already been earmarked.
Kasam Namashivaya, chairman, Kasam Industries told Telangana Today, rolex replica watches “Several of the textile workers from Warangal today work in Surat and Mumbai textile units. We want to bring them back to Warangal and make high-quality textiles that match up to these two cities. We plan to hire about 500 people for this unit and will train them.â€Â
The company will carry out cotton spinning and yarning at its Warangal unit and will send the yarn for printing in Surat and once the final textile products are made, they will be sold at the group’s retail company Maangalya Shopping Malls’ stores spread across Telangana as well as other retailers and wholesalers.