Page Industries to invest Rs 290 cr in Telangana
Hyderabad/IBNS: Exclusive licensee of Jockey International in India Page Industries on Wednesday announced to invest Rs 290 crores to set up two facilities in Telangana.
These two facilities will provide employment to 7,000 local youth, and manufacture garments, including sportswear and athleisure wear, the office of Industries and IT Minister K.T. Rama Rao said.
The announcement was made after a top management team from the company led by V Ganesh, Managing Director, met the Minister at Pragathi Bhavan.
The two proposed locations of Page Industries are -- Whitegold Spintex Park Facility at Ibrahimpatnam, outskirts of Hyderabad and at Mulugu (Siddipet district).
KTR welcomed Page Industries to Telangana and assured all possible cooperation from the state government.
Page Industries is also an exclusive licensee for the innerwear brand Jockey in Sri Lanka, Bangladesh, Nepal, Oman, Qatar, Maldives, Bhutan and UAE.
(With UNI Inputs)
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