Browsing: knitwear

Kitex group of companies has increased its investment in Telangana to Rs 24 billion, up from an initial investment of Rs 10 billion, announced in July, according to the company’s managing director Sabu M Jacob.

Kitex group of companies has increased its investment in Telangana to Rs 24 billion, up from an initial investment of Rs 10 billion, announced in July, according to the company’s managing director Sabu M Jacob.

In this interview, Abhay Sidham, CEO, Batliboi Textile Machinery Group, explores the potential of India’s knitwear industry and how his company is supporting the growth of the knitting industry.

The lockdown seems to have encouraged more Indians to invest in knitwear. The domestic sales volume of Tirupur’s garment makers was Rs 300 billion during the last fiscal. This was higher than the region’s export values.